Kelly Pinto
Converting to a Rental Property
Hello,
My husband and I are getting ready to search for and hopefully purchase our first property in Charleston, SC. We have been doing lots of research on real estate investing in general but need a little...
Dan Robinson
Converting 1031 to personal use
Can I use a 1031 exchange to sell a rental property, buy another, rent it for a some minimal period of time and then convert it to personal use? What are the implications?
Ron Fuller
Octopus Furnace converted to Gas
Hello, we are looking at a old home from 1900.It just came to the market. Its a large house that's in good shape needs some good cosmetic work that we will do later on. Its up for $65k in town (4rooms 2 baths 2300 sq ...
Tom Scott
Converting Building to Self Storage
Hi all, I'm investigating the possibility of converting a former big box store to self storage and I'm wondering if there are any basic rules of thumb to determine how much of a buildings space can be converted to sto...
Jeffery C.
Basement apartment converted/multi-family
Investment Info:Small multi-family (2-4 units) buy & hold investment in Baltimore. Cash invested: $26,000Gutted 850 sqft flooded basement, installed French drain and 2 sump pumps, turned basement into 1bd/1full...
Adebowale Asaya
Converting FHA to an LLC
Hi - I purchased a multi family with an FHA. I lived in the unit for over a year, and am looking to move and rent out the unit, and finally convert the building under an LLC. My mortgage company doesn't allow this. An...
Vincent Z.
Converting primary residence to rental
I currently have a primary residence that I am planning to rent out. I am planning on buying a new 2nd property which I will owner-occupy once I close on it. I will not qualify for both mortgages at the same time due ...
Victor Ong
Converting SFR into SFR/ADU
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $470,000
Cash invested: $300,000
Convert SFR into SFR/ADU
What made you interested in investing in this type...
Martin Graf
Converting mixed residential commercial space
Hello all, I’m hoping you can clear up some confusion I have regarding mixed residential properties in Philadelphia. I often come across properties which consist of a ground level commercial space with a 1-2 BR unit a...
Will Quinn
Converting Rental to Home California
We are looking at purchasing a home and renting it out in an area that we want to live in eventually in the Tahoe area. We have a good apartment in socal in an area close to wife’s parents and looking to have children...