That's a great interest rate as well.If you do convert it into a duplex, make sure you check with the city/township and see if they have any restrictions or loops you have to jump through to get the proper zoning for a duplex.

Some lenders do have overlays making their guidelines more restrictive than Fannie/Freddie guidelines, but for the most part, guidelines are guidelines.You may be better to use a mortgage broker that can guide you through the process rather than a big bank.Best of luckStephanie 

For the record, there's no restriction that I know of that prevents someone from signing leases on two separate properties; parents cosign for their children all the time!

This is for a property in Indiana where the state doesnt put much restrictions on what can and cant be in leases.

Do you think the eviction restrictions will be lifted in the first quarter of 2021?

Also, any restrictions with having a VA loans and FHA loan at the same time?

READ AND UNDERSTAND IT - It'll tell you the limits of what you can charge (e.g. 60% AMI) and for how long (e.g. 30 years) before it goes away.You may have a limit on rents if you have an income-restriction (eg. 60% AMI) for tenants.

Meanwhile, sales of properties worth $1 million and over are up 106.5% in the past year, as wealthy urban dwellers are purchasing homes elsewhere to escape pandemic-related restrictions and social unrest in the inner cities.

Some restrictions allow partial STR renting, but not enough to focus on that strategy.

Fines with no warning owner call and other restrictions?