FHA will not insure a mortgage if FHA concludes that the transaction was designed to use FHA mortgage insurance as a vehicle for obtaining investment properties, even if the property to be encumbered will be the only one owned using FHA mortgage insurance.

I purchased this Multi Family unit and would like Interiror Design, Color ideas that will give character to this Historic Victorian home. 

As a former Chicagoan who grew up in the NW suburbs and loved the city too but hated the weather I just wanted to congratulate you on your eye for design.

Lastly, are there materials you can use, or changes in the way you design floor plans to reduce neighbor noise in small multi families or apartment buildings?

Typically I am on the "design and sale" side of the transaction.  

Expect to pay a slight premium for the rate, it is normally designed as an ARM loan with a 20-25yr. amort schedule, some offer a non-recourse for an additional 500-1000 basis points.

However, we were not able to use all of the cabinets in our design, so I ended up selling the left-overs on craigslist for $950......yes, $400 for that whole kitchen.

Hi all,I am currently working on a two family house in the riverdale part of the bronx, I went the route of converting the property to a 3 family house but am now wondering if it was worth it.Scenario 1:The house is a two family house where the 1st and 2nd floor are part of 1 unit and the 3rd fl is the second unit.The 1st floor has a garage, living room .5 bath and kitchen (400 sf)The 2nd floor has 3 br and a living room 1.5 bath (900 sf)The 3rd floor is a 2 br 1.5 bath (1000sf)The house was not in a move in condition but if I made some minor design changes and renovated the place I could have updated the house, kept the layout for the 1st fl the same and made the 2nd floor a 4 br 2 bath.

Howdy @Monica LitsterThe way the calculator is designed you are working towards establishing a purchase price.  

A few friends (one being a designer) have given estimates of around $20K and higher.