Hello BP! I am trying to convert the 4th unit of my quadplex into 2 smaller units making my building into a 5 unit. Zoning told me since I am in a "suburban" classification the density only allows 6 units/acre and si...
Good afternoon, I was in the middle of two new builds in the Philly market when COVID hit. Construction was closed down for two months due to a city mandate that ate up two months of my twelve-month loan with one of m...
Hello BiggerPockets!
I am currently under contract with a condo in North Palm Beach Florida that restricts the ability to lease within the first year of owning the property. A financial advisor asked me abou...
Hello,We are starting out in buying our rental property In Tampa Florida with the goal of living in it in 2 years. So we want to rent it out until then. This is a great property in a great community but we ran into a ...
A theoretical question. :-)
What is an average penalty in VB area if the condo association considers that the owner violated rental restrictions? For the sake of conversation they permit 6 months minimum and the tena...
Hello all,I’m fairly new to real estate investing. I currently have two townhouses that I rent, but I’m looking to expand into multi families to avoid more HOA fees. A property I’m currently looking at is COAH deed ...
The bank placed a clause in the warranty deed that restricts the resale of the home we purchased for 90 days above a certain amount. Anyone know why they would do this? This was a short sale.
I understand that as an individual, to some banks I am restricted to have either 4 or 10 conventional mortgages under my name. But what about a business? If I have an LLC, do those numbers still apply to my real estat...
Does the one-year-wait restriction (upon completion of renovation work) apply to homes paid for by cash and NOT financed, or are some deed restrictions applicable to homes sold to potential flippers irregardless of th...
Here's a VA Supreme Court decision I found interesting and thought some of you might also. It goes to show why I doubt title insurance can ever be eliminated based on a blockchain type software program.In the case of...