Anyone out here actively investing in legal SRO (single room occupancy) buildings in Brooklyn and Queens NY? Is it a good idea? Is it profitable? Are all the restrictions involved worth the hassle?
I've been reading a lot about purchasing RE with self-directed IRAs. This topic intrigues me, but I'm concerned about all of the restrictions, particularly regarding prohibited transactions and disqualified person...
Hello all,My wife and I are looking to purchase a property and wondering where we can look to find out what zoning regulations are. The property has a 3/2 house on it, a garage that should be able to be turned into a...
Yesterday I purchased a property with 5 rental units. After closing I introduced myself to each unit and everyone was so friendly besides the trouble maker. She is absolutely out of control and insane. Asking the tena...
Hi,This question might sound rookie but that is how one learn and grow. I wanted to verify if there are any laws that restrict a buyer from contacting a motivated/unmotivaed aka ALL SELLERS.I can simply contact them v...
I am looking to buy a property with an accessory dwelling unit but was informed by the zoning department that either the primary house or accessory unit would need to be occupied by the owner. This situation would be ...
Hi Everyone, Happy Holidays! Its been a while since I posted and now that we are all in the holiday spirit/season, I figured now would be the appropriate time to ask this question!I was wondering what is your policy o...
Could someone describe to me how down payment assistance works? I saw someone advertising they needed down payment assistance funding.
The purchase price was $2.5 mil, the mortgage was $2.0 mil and the DPA was $500...
This has probably been answered in a few different posts but by the time I dig and real through all the forum topics I think it's a little easier to ask away instead:
I have a Fannie Mae REO under contract for $70k a...
I was told by my agent that you can’t have renters in your SFH and I’ve listened to podcast about people doing it. So is it legal?