Hello Everyone,I like to thank you all in advance for any advice and information that I will get from this discussion. I currently live in Ohio, and we have a property in North Bergen, NJ. Currently the property is ...
I just got a call from my lender saying that I'm going to have to bring an additional $2k to the closing table when I refi out of my construction loan and into a conventional. He said it is because they will only len...
Hello all,I'm looking for feedback on an idea I had about converting a multifamily property to studio apartments. The property consists of a finished basement, first floor, and second floor. The first and second floor...
Investment Info:
commercial investment investment in Blowing Rock.
Purchase price: $450,000
Cash invested: $150,000
Sale price: $775,000
Invested in old hardware store. Remodeled and converted t...
I am interested in converting a duplex into a quadplex. I am new to this process. I received an architectural proposal. Any tips on how to analyze the proposals.
There is equity in the property. Is using the equ...
How does one convert a commercial multifamily building to vegan friendly while avoiding discrimination lawsuits?
Hello! In the process of purchasing a multi family that has an illegal 3rd bedroom in the attic of one of the units. I'd like to make it legal so that we can rent it out but am struggling to determine if it is possibl...
Hey All,I'm considering buying a SFH that was originally a duplex where the dividing wall was removed.The house will need some renovation (paint, flooring, new bathroom, new dividing wall, and also another HVAC).I che...
I have a couple strategies that I would love to hear yalls advice and opinions on. I have a single family home that I inherited from my dad and I'm now the successor.Our house is currently a 2bdrm and on the corner of...
Hey All, I have a one bedroom 16-plex that has been having trouble getting tenants and keeping occupancy for the past year, one of the feedbacks we mostly get is that even though the apartments are nice they want a wa...