Purchase price: $219,200 Cash invested: $12,000 Sale price: $222,500 I purchased this multi-family (3) residential property recently back in August of 2019, my first ever real estate purchase via FHA loan. built in 1919 this property was one of the better deals in this neighborhood of New Britain/Newington border.

No It needs to be your primary residence single family home in order to leaglly pull a permit as a homeowner in nj. if you dont know the uniform construction code, international residential code, dont have a background in construction and dont know the rules and regulations for this state the inspectors will eat you alive on a major project.

https://www.mortgagecalculator.org/calcs/residential-income.php

For conventional loans on residential investment real estate, lenders want income, debt-to-income ratio, and credit score...similar to if you were purchasing a primary home for yourself.

The development code in Forsyth County is not friendly at all to high density residential.

Hi Erick,I've found it difficult to obtain any sort of residential mortgage loan under a business entity (e.g.

I have a building that is commercial and residential.

The following language is in the Standard Illinois Residential Real Estate Contract: CASH TRANSACTION, MORTGAGE ALLOWED: If this selection is made, Buyer will pay at closing,in the form of “Good Funds,” the Balance Due at Closing.

Dunn, while a residential loan that allows for the mortgage/title to be under the LLC is rare, they do exist. 

Delivering packages, I saw a comer lot for sale in a nice area around high end student living and residential homes.