Steve Mcdonald
Jersey City - Commercial Condo Question
Hello all,I am currently purchasing a non conforming Commercial Condo in Jersey City Heights which has an active store.I had few questions and appreciate any insights anyone can provide.1. Can the store lose it grandf...
Grant Moffett
MHP zoning. Adding more units
Hello,
My wife and I own a park in Hillsborough County FL. It’s 4.1 acres and has 15 mobile homes on it. We are looking into the process of potentially trying to get it rezoned for 5 more MH’s. Has anyone had exper...
Jackson Pontsler
DTI Ratio and Making a strong case
My wife and I just completed a rehab and are looking instead to moving in and house hack. I wanted to state that other than our rentals we don't have any other debt. Also our rentals we do have are on large parcels ...
Muhammad Rizwan
Advise Please: C1 Zoning and 2 unit building Des Plaines
I am under contract for 2 unit building in Des Plaines, IL. Lender refused to loan few days before closing because of below reason. The property is required cosmetic work and not structural damage.Can anyone help me t...
Nooshin Detches
Underwriter Lender Rules for Partnerships
Hi everyone, Our LLC owns a single-family property in Southern California which was purchased for all cash a few years ago. We have had great tenants in the property since March. We want to refinance this property and...
Jim B.
Bedroom in the basement, anybody know the codes? (Illinois)
I'm about to go under contract for a home in the West Chicago Burbs and want to potentially add a bedroom to the unfinished basement, but I'm worried I may (probably) have to add an egress window in order for it to be...
Grace Hinton
Cash Deal or Finance
I'm looking at a vacation property purchase on the east coast in a small vacation town on the ocean (I am on the west coast, but want to spend more time in the east). The property is two parcels being sold together, ...
Tre Reaume
Why do banks keep suggesting I begin REI with commercial loans??!
I am working my process and meeting with local inverstors, local realtors, and lenders. Three our of three (and now an attorney) have all said that its best to put my REI properties under commercial loans. The primary...
Ivan Shao
REFI Problem - need advice !!
Happy New Year to BP Nation!!My aunt has a 2 families house that worth 1 million; 1st fl (detached w/ 1 car garage) had been converted to 3 small 1 bd room units ( illegal conversation :( ) . She would like to pull...
Mitch H.
SFR with possible separate basement unit...?
Ran across a listing recently which was a 3br/2ba. 2/1 on main level and 1/1 in the basement. Kicker is that the basement has a fully equipped kitchen as well. I am a wannabe househacker so this is pretty intriguin...