Gustavo Vargas
Converting bank loans into Conventional mortgages
Hello All, I am trying to plan ahead for any possible ( imminent ) interest rate hikes. My situation is this: I have 2 investment and my private home with conventional mortgages and i also have 4 other properties w...
DJ Johnson
Single family converted to 5 unit?
I am looking at purchasing a single family that has been converted to a 5 unit. The property appears to have six individual meters on it. My question is would this property be valued with the NOI/CAP rate method or ...
Gordon Wong
Converting primary residence into a rental
The house is in Nevada and i'm working and living in NY now. It was purchased 3 years ago as a owner occupied. Now my brother lives in it and pays all the bills. I would like to turn it into a rental property, not to ...
Sophia Maler
Converting primary residence into investment overseas
I own 1/3 of my parents' apartment overseas. My parents (both retirees) still live there, but plan to come to the US and live with me. They don't want to sell the property to the 3rd party now because the prices are ...
Lee Huffman
Converting a Rehab into a Rental
I'm in the middle of a second flip property in Fayetteville, NC, and we've decided to investigate turning it into a rental to add to our portfolio.
Currently, we are using a Rehab LOC from the bank to finance the pur...
Marci Stein
converting seasonal residence to yr. round
I have a 3 bedrm seasonal cottage upstate NY,which has electric heat, a well , and a huge tank in the ground (new , but not a legit septic). I'm thinking i can bury the pipes in basement, add insulation (some already ...
Ben S.
converting old residential building into commerical
Currently own 33 unit Residential building in Downtown LosAngeles.. pretty much free and clear.. the building brings in about 18k/ Month Gross. We want to sell it... We have tried selling it for 4 million, but can't g...
Brian Lee
Converting car garage into studio unit
Hi everyone,I am trying to convert a 3-car garage into a studio/1b1b unit in San Jose, CA. I was wondering what will be the estimated cost to convert a car garage into a legal livable unit, and what will be the proper...
Peter Fife
Should I convert to efficiency apartments?
I'm under contract for an apartment that has 20 bedrooms. 15 of which share 3 communal bathrooms and a kitchen and are all upstairs (2 stories total). I'm wondering if someone has ever had a deal similar to this where...
Mary Grace Viterbo
Converting single family to two-family
Hi! I want to convert my garage and the bedroom above it into a rental unit. My garage is located in the back of my house, attached, but it doesn't have an access to the main house. Above is my Master's bedroom with a...