Investment Info:Single-family residence buy & hold investment in Portsmouth.

The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd househack, you can use conventional and the rules that I mentioned above will not be a concern.

In the end, a majority of inspectors would likely appreciate the fact that you will end up improving the condition and make it safer; especially if you are not trying to use the space as additional utility space or living space; just as long as the Zoning Reviewer doesn't pick your project to become an issue, or just as long as you are not hiding an illegal unit which an inspector notices once on site...One final note;In regards to deconverting your property to a single-family residence in the future; with the Zoning TSL Expansion, many Zoning designations are restricted from deconverting properties away from an existing Multi-Unit condition.

I think this is a solid deal if you are happy with the more significant downpayment. best multi family deals I have seen on the MLS or off market have all been seller financing in the SLC valley over the last year.

Investment Info:Single-family residence other investment.

It won't make sense for every traveler, particularly for a single, business traveler only staying one night, I might argue that STR's wouldn't make sense.But for a family of 5 that would have otherwise had to share 2 double beds and call in a cot from the front desk, it's a no brainer.My family of 5 was able to book a condo on the beach for 4th of july for 4 nights, about $250/night all in!  

Binghamton remains a lucrative market with ample cash flow potential, whether you opt for student housing or traditional residential rentals.While I personally focus on residential multi-family properties rather than student rentals, my portfolio offers valuable insights into the profitability of investments in this area.

I have gotten a lot of my knowledge thru MFM ( multi family mindset).

Looks like to me they are building some nice duplexes around the bishop arts area.Most of the multi family houses I see are in East and South Dallas areas. 

My name is Marlene and I'm a new member of the BP family.