Dylan Cadet
Can I live in an illegal unit to meet the residency requirement?
I haven't been able to find the answer to this online. So I'm hoping someone here might know. Does the residency requirement for primary housing require living in a legal unit? In Chicago, there are quite a few buildi...
Jason Hartman
Non-Legal Multi-unit
Hello, I've recently purchased a 4-plex in a historic neighborhood in Indianapolis, and have run into a big snag. To give a little context, this is a house built in 1890 that was converted into four 1 bedroom apartme...
Roman Puzey
Question regarding egress windows in basement for renting
Hello,We are under contract for a single family home that we bought that has a full kitchen downstairs with 2 non-conforming bedrooms, full bathroom, washer & dryer and living room area with a separate entrance (s...
Jon Mason
Columbus Ohio SFH Flip - Jon Mason
This will be my first flip on my own. I have bought a sfh on the east side of columbus in a tax foreclosure auction at the sheriff sale. 4/2.5 2276 sq ft bought for 140,000 ARV 199,000. with rehab costing 15,000 to 20...
Matt Laird
Financing on SFH w/ garage apartments
I was preapproved for an investment loan for 20% down 4% 15yr, up to 300k, found a property to buy & hold. My bid was accepted @ $109,800 The property is a mid 50s built 2 bed 1 bath, large corner lot, it also ...
Greg Ressler
Buying an illegally zoned property
Greetings all, I'm currently looking at a house that I really love. It's in the area I want to live in, and it's a duplex! Exactly what I'm looking for! Plan would be to live in half of the house and rent the other ...
Atta Bari
Anyone with conventional loan for Investment property!
Looking for a first potential rental deal in White Settlement, TX. Looking for a possible way of using a conventional loan with 5% for this. I intend to move in but most probably might not be able to due to the long c...
Ivan Mendoza
House hack
Hello BP family, I live around the Denver metro area I am looking for duplex to house hack but I am finding they are very expensive and the numbers just don't work out . I'm using an FHA loan so I am basically stuc...
Jeff Lubeski
Would you consider this
I am looking at buying a property. It has 3 units. Gross rents are $2400. The owner will sell under a land contract with 20% down and 6.5% interest. Selling price is $152,000. If I assume 8.3% vacancy and 15% ...
Mazyar A.
Do lenders like to see more properties through partnership, or...
Hi,I have some cash in hand and so does a friend of mine.I understand the pros and cons of partnership from partner's point of view and there are many articles out there about this. My questions is about the point of ...