Peter J.
Converting Multi-Family House to Condominiums
Hello BP:I'd greatly appreciate any feedback/ experiences from BP members regarding the conversion of an existing multi-family residential home (currently, renting to tenants) into three condominium units. Specifica...
James Wong
Converting pool and shop to studio
I have eyes on a fourplex with 3 outside buildings, a swimming pool ( not commercially up to code and locked), a pool house ( rented out for $150/ month as office by a tenant) , a shop. The fourplex had decent income,...
David Mitro
Converting carport to additional living space
In my area, most of the REOs come with carports. Most of the rehabbed homes have these converted to additional living space (300 sq ft). This increases the value of the homes by about $30,000.I have been using the @J ...
Mitch Ottoson
Converting linen closet to laundry closet
Hi all! I am currently looking into converting a SFU home that is zoned for an MFU into a top-bottom duplex. One of the challenges is making sure that each until has access to laundry. The basement has the current lau...
Kate Andreeva
Converting primary residence to rental property
I am new to RE investing but would really like to start building wealth through RE. We own a townhouse and would like to buy a single family house in the next couple of years while keeping our townhouse and renting it...
Jenny Ha My
Permission to convert garage into studio
Hello,We intend to buy a house in Hayward, California. This house has a 2-car garage which was converted into studio more than 20 years ago (the seller also shows us the document of permission to convert). However, wh...
Kyle P.
Convert Private Lending to Conventional Mortgage
Can I get a private loan from a family member so that I have a purchasing advantage when buying a house (paying all cash), then getting a conventional mortgage on the house after purchase to pay back the private loan/...
Stone Jin
Condo conversion that never fully convert.
Hi all,
I'm looking to see what your thoughts are on condo conversions that never fully sell out. The complex is then managed as rentals and for sale. I'm looking at REO of individual units within larger complexes....
Bill Mitchell
Hard Money - Converting to Conventional Loan
I have never been through the HML process, but it is to my understanding as soon as the property has been properly rehabbed and up to code/inspection you must convert from the high interest HML to a conventional l...
Thomas Martin
Convert a Commercial Property into Residential
Do you think there will be alot of commercial foreclosures with everyone working from home? If so, do you see an opportunity to buy discounted commercial property that can be converted to residential? Whats the proces...