What are the risks of investing in a non conforming duplex and how like are they to happen
What debt-to-equity ratio are you comfortable with?If you own $5 million in real estate assets, how much debt would you be comfortable having on it? 25%? 50%? 75%?Why?Does your age impact this decision?
Are there any lenders that can provide a leasehold mortgage that is also a conforming mortgage for a project in San Diego county? In my discussions with my banker she said I needed to find someone who doesn't underwr...
What do you guys consider a comfortable cap rate with a first purchase ? A small 3-4 unit strip mall , fully leased . recent upgrades and maintenance completed.
Should not need much work going forward but i will hav...
Hi BP Community! I wanted to get you opinion on potentially purchasing a triplex with a nonconforming unit. We’re in the process of purchasing an off-market deal. Our realtor, seller’s realtor, and seller claim the p...
Found a duplex that was listed under the single family listings. It has a converted garage unit that is now a 2 bed 1 bath house. The numbers on this thing are incredible its looking like a 2.5% deal.
Talked to the ...
Hey investors,Browsing the MLS and I see a home that's listed as "Legal Non-Conforming".After a quick google it sounds like this home isn't up to code, but it's dated so it has been "grand fathered" in so to speak. An...
I'm looking to buy a lot, its a non conforming corner lot. Just under 3000k sqft, and its about 51x60 in dimension. In the city im buying (durham, nc), street setbacks for corner lots are based on the adjacent two hou...
Hello all from Sunny Florida. Question:
What are the zoning implications for buying a SFH that has been converted to a duplex? The current zoning is RSC-9 (Residential single family conventional). There are two separ...
I just found a property in my neighborhood in central Florida that is a lake waterfront property with a 1/1 duplex and a 1/1 cottage that would make a fabulous VRBO investment. I contacted a Mortgage Broker about it a...