Is it possible to get a traditional jumbo mortgage with an illegal inlaw unit that is rented? If it is please let me know which lender. I am not interested in hard money loans at this time. Thank you
https://www.redfin.com/IL/Chic...This house is advertised as a 2 unit but it’s zoned RS3 it seems based on database. The description says “zoned in law” for the top floor unit. What does that even mean? Is that a thin...
My wife and I sold our first home over a year ago. It was a 5 year rennovation that eventually eliminated every debt we had. I actually wrote an article about this journey titled. "My first flip paid off my student lo...
Hey guys
Looking to utilize my father in laws credit to purchase more RE. How would you structure the deal?
Hi,I am planning to buy a house from Lennar (Ones which have in-law unit) as an investment property. Can I rent it out for two tenants? I know the utilities will be same. Renting out to a single tenant would give me a...
Hey BP, I am in a bit of a bind trying to pencil out my second deal.I am trying to buy a new construction side by side duplex. both units are identical to one another however for whatever reason it is not a legal two ...
Hello BP members!I am contemplating on purchasing a single family home that I will house hack. The property has an attached mother in law suite and an attached efficiency. The numbers look good (details below) but tho...
As part of building my team, my brother and sister in law live in the area where the rentals i'm acquiring are. They will be doing odds and ends types of things to help prep the house for rental. Things like:- Paint...
What paint (primer and finish) would you recommend for a 300 sq ft in-law unit which would be used as a rental for 1-2 adults max. The size of the unit makes me lean towards lighter colors. Would be great if you could...
My mother in law lives with her ex husband and their son in a house in Maryland. She wants to move but does not know how to get of that situation. What are her options of getting out of house and what are my options o...