William McMurray
Timing of Conforming Loan Limit Increase
I saw the CLL went up for 2021 today to $548,250, curious if anyone familiar with the lending process knows when in the lending process that limit for a loan comes into play, i.e. If I apply for a loan next week (Dec ...
Neal Little
How comfortable are you to share..
So I have an issue to discuss regarding sharing info on deals online. Since the whole basis of this practice is essentially the 'hunt' for good deals, does anyone else worry about how much info to share? Has anyone ...
Dusty Cady
Legal Non-Conforming 2 Unit midtown
Hi All-Hoping I can get some insight to help us close a deal. We are currently in Escrow on a 2 unit property (Separate structures). During the Appraisal we found out that our lot is zoned R1 (So only one unit) and si...
Donald Nnamdi
Legal non conformance for the duplex
Hello All,I am looking to buy a multifamily property. I found a single family and a duplex. It says..."Property is a single parcel with 3 lots and is zoned Single family with a legal non conformance for the duplex."Ha...
Matt Bowers
Conversion to Non-conforming Triplex - Seattle
Hi everyone - I'm in Seattle and own a property with 3 units that have been there forever (40+ years). Trouble is, it is zoned single family and has a permit for a non-conforming DUPLEX. So it is legal for 2, but not ...
Dan Maciejewski
Non-Conforming Condo Loan in Florida
Hello all!Is there a portfolio lender here that can take a non-conforming Condo in FL. I believe the financials are good, but after the new rules (and maybe before) it's getting harder.The condo we have has too many ...
Graeme Slonaker
Comfort with Offering Sight Unseen Offers
For those investors out there that purchase properties sight unseen, what are the factors that make you comfortable doing so?
Michael Van Brunt
Comfort animal making too much noise
Thanks in advance to anyone who can help with this question. We have a tenant that has a comfort animal in a 4 plex. We just received a complaint from the tenant down the hall that the dog is howling, scratching on th...
Alex Smith
Legal Non-Conforming MultiUnit - Financing Challenges
Hi all,I've been a lurker on the forums for some time - I finally made the plunge and made an offer and I am under contract on a triplex in a coastal city in Florida! This is a very unique property, and I have some c...
Ariel Soriano
Comfortable and coastal high-rise condo
Investment Info:
Condo buy & hold investment in Atlantic City.
Purchase price: $130,000
Cash invested: $130,000
This is my parents' secondary home. Whenever I visit, which is often these days, I ...