Hello community, I am currently waiting to close on a property with 2 apartments (with tenants @ $600/month each) and three storefronts(all storefronts vacant). This is property is very ideal, mostly because I have to...
Hello everyone,
Is it a reasonable idea for a new investor to buy a no restriction house in a commercial area and convert to office ?
Has anyone has tried this in Houston area, please share your experience. Thank...
BP, I bought my first single family home bought earlier this year for just under $80k. The upstairs attic has a fairly large living space with some sub floor laid. It would add roughly 600 sq ft to the home if finishe...
Inspection Sheet <----- Happy Monday,The city is ordering the basement to be DECONVERTED from R-2 Multifamily to R-1 Single Family Home. If you have been through this, what is the turn around time from the city? I...
Hello All -I am looking at a SF home that's current zoned as RML (which is low density multi family). The home is currently setup in such a way that upper and lower (basement) units each have 3/1 and 2/1 with basement...
Hi, this is my first post since I joined the community. I would like to ask the following: in which situations makes any sense to convert a primary residence to an investment property? Note that I've been there for ov...
Greetings everyone!We have a borrower with HELOC on hands and the loan matures in about a year. The borrower would agree to modify the loan as long as the payment stays roughly the same but I am not sure if such modif...
Twenty years ago, I converted my primary residence into a rental property. From what I have read, by moving back to the rental, I can only exclude the proportion of time I lived there-ten years of the last 30 years ,...
Hi all, we've just recently purchased our first multi family home last Thursday. We've moved into the smaller unit to rehab & househack until we can get into the upper unit to do some upgrading in September of 201...
I have a family member who owns a leasehold SFH in Waipahu. Mortgage is paid off but the lease has just exited the fixed rate portion of the term so the monthly rate has greatly increased. There are still approximatel...