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Hello BP,Recently, I've been introduced to the idea of converting a garage into an additional bedroom. Upon first hearing this, I thought this would be an amazing idea to increase cash flow to a property, especially i...
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Hi BP Community,I am relocating for a new job opportunity. My wife and I decided to rent our current home instead of sell. We found (or they found us) a young family who will be renting for the next few months and the...
Hey all! Just a noob so please bear with me! In the process of purchasing a 5 plex older home. We will use traditional commercial financing to make the deal work (5 year balloon). My question is, with the impendin...
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I have a question and I'm not sure if anyone has done this before. I am currently using my VA loan on the home I live in but I would like to move it to another property that I will live in and keep this one as a renta...
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I am in the process of purchasing a property that is legally a 2 unit but functions and is listed like a 3 unit. What's the process/time frame of converting a 2 unit to a 3 unit if the owner is selling the property a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $231,000
Cash invested: $4,000
0% down VA loan. Currently house hacking and planning on doing a re-fi in order to g...
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I looked at a property today that could easily be converted from a SFH into a triplex. According to the realtor the county wouldn’t approve converting it to a duplex or triplex. Is anyone doing this is the Wyandotte c...
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In the Everett, Medford, Malden, MA area, I see some property in residential neighborhoods that are used as offices for the likes of lawyers and insurance agents. I was wondering if it would be possible to convert thi...
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Hello we inherited 2 properties a few years ago which really got us interested in rental properties for long-term investments. I would like to get some responses on some changes we are considering making to one of th...
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I'm purchasing a townhome in Louisiana to use as a Primary residence while I fix minor issues then convert it into a rental. I'm getting a conventional loan putting down 5-10%. My end goal is to buy another home in ...