Bruce Tieu
Design and furnish strategy for non conforming duplex
Hi guys,I just closed on my second property. It’s a split level house with 2 / 1 on each level, both about 900sqft. There’s a separate kitchen and living space on each level, acting as a non-conforming up/down duplex....
Andria Rogers
Certificate of Non-Conformance Application and Approval Process
We are Under Contract on a property that has 2 houses on it. It is zoned as a Residential Single Family but we asked the seller to apply for a variance. The Seller applied with the town for a Certificate of Non-Confor...
Mike Purvis
"legal duplex" vs. "non-legal duplex"
Hey guys,
I'm looking in the GTA for a duplex or a triplex. I see a lot advertised as a non-legal duplex but still advertised with multiple units. What are the legal issues of renting out a unit in your house...
Matthew Conner
4 Unit Multi-family Zoned for single or double family
I'm looking to house hack a tri or quad plex in Louisville, KY, and a lot of the properties I am looking at are zoned for single or double family. They are currently being rented as quad plexes. Seems like if I purcha...
William A.
Fianancing more than one property on one mortgage
I found some condo/apartments selling individually in 25k - 30k range. My mortgage broker told me that I would not be able to buy more than one, and combine them for a mortgage. Is she tell me right? Has somebody e...
Ryan O'Neill
Zoning Variance (minimum front setback)?
Anybody gone through the process of applying for a zoning variance in Atlanta? Would appreciate any tips or advice on the process.I have a property in O4W that currently has a non-conforming building on it from like 1...
Andrew Gingerich
So you think you know something about appraisals?
Hi BP know it alls!We recently purchased a property that has two houses on it. We purchased the property for the market value of only one house (good deal for us). We did this because the appraiser insisted that he gi...
Grant Shipman
House Hacking- How do I find out what I can/can't rent out?
I'm going to house hack my first rental property that I'm closing Nov 10th on by renting out the extra bedrooms. There are 5 conforming bedrooms (windows & closets). There are also two non-conforming bedrooms tha...
Cindy Cheng
How do you defer gain from 1031 exchange on PA Schedule D? HELP!!!
I completed a 1031 exchange in 2023. I understand that PA finally conforms to Fed IRC 1031 eff 1/1/2023. I'm filing my taxes using TurboTax and completed form 8824 for Fed purposes. When I get to PA taxes, I see the d...
Jordan L.
How many times can you get a traditional loan?
I have been listening to most of the podcasts and I keep hearing that most of the investors say they have exhausted the way to get a traditional loan, What is the maximum amount? Can you ever max out a portfolio l...