Hey all, I am looking at a park that has a legal non-conforming designation. The reason being lot size. Minimum required is 20,000sq/ft per home as of 2001. Nearly half an acre. The park was finished in the late n...
Investment Info:
Single-family residence buy & hold investment in Silver Spring.
Purchase price: $475,000
Cash invested: $100,000
Are second investment and are first short term rental. We picked ...
I get a handful of clients who don't qualify for standard conforming home loan financing. Looking to partner with non-conforming / portfolio lenders / credit unions / private lenders that provide alternative options f...
Hey Bigger Pockets Community, I Live in Eugene, Or. and have a non-conforming property that I need to sell. Old mfg home with an addition. Property is in great condition, newly updated but because of the mfg home not ...
What are some options you have with a non-conforming unit? Is there a way to make it rentable?
We recently purchased a 5 unit with strong financials as out of state investors. Recently, we learned from the PM that it's a legal 4 unit. It was represented as a 5 unit on MLS and through conversations with the brok...
I'm in the process of purchasing my first duplex. This is one I'll be "house hacking" so I applied for an FHA loan and made an offer on a property. However my lender is now requiring a comfort letter from a CPA. My re...
Would you buy this (all things being equal), or would the ongoing costs of maintaining and pruning the neighbor's tree branches be too much of a headache?
I am looking at a MHP that recently learned via a survey that if any of the homes are replaced, all the pads on that road must be conforming. My understanding is that the pads must be set back further from the street ...
Does anyone have experience with non conforming condo communities, I have never been through the process of getting a portfolio loan ?Any suggestions? Are they worth the hassle? Any suggestions on lenders?