John Huberty
Converting a Rental into Two Mobile Homes
Hello all, My wife and i currently own a home we are renting out. We have money saved for vacancies and major repairs that we have saved in the last two years. I am in the military and eventually we will move back to ...
Anna Chan
Converting 3 unit to 6 unit - financing
Hi! I just bought my first 3 unit property in Brooklyn, NY with a residential loan. We plan to house hack. I'm debating whether to convert to a 6 unit and pay cash for reno, but if so will I need to get a new commerci...
Dan Worontzoff
Using a 203k to convert a basement
Has anyone used the 203k loan to turn a duplex into a triplex by converting the basement into a legal apartment? I’m specifically looking in the Queens/Long Island area of New York. Assume the basement is more than...
Michael Lemieux
Convert primary to rental & land trust(?)
We currently own just the house we live in. We have substantial equity in our current home. We were hoping to refinance our current house, pay off the existing mortgage and convert it to a rental. I was told tha...
Dee Xixi
Converting a SFR to a 3 family
HI all,
I have a single family under agreement. Before losing it to foreclosure, the former owner convert it to a three family. But the city has its listed as SFR W/IN-LAW. There is 3 baths, 3 kitchens, 3 exits and 7 ...
Rob Saunders
Converting duplex to condos - challenges with lenders?
Hi,We have a large duplex (2100+ sqft each unit) in a great in town location surrounded by large SFR. The size of the units isn't really reflected in it's rental value as most renters looking for this kind of sqft wan...
Ken Hui
Convert Gameroom to Bedroom in Plano, TX
I have a game room on the second floor. This game room has windows and closet and it looks like a bedroom without door.
I'm planning to add an interior wall and door to convert this game room to a formal bedroom.
...
Dan Turkel
Converting 3 bed to a 4 bed
I’m going to close next week on a property I’m planning to BRRRR. It’s currently a 3/1.5 in a neighborhood full of the same 3/1.5 houses. As you enter the house, you first walk into a living room. I’m considering buil...
John Strock
How to convert 401k to self directed?
I have some money in a Fidelity 401k (and still adding to it)...how can I convert to a self-directed account? Any recommendations on brokers that can help? I've called Fidelity customer support and was told they cou...
Marco G.
Tips/Pitfalls When Converting Personal to Rental
Searching for tips and pitfalls encountered when converting personal residence to a rental. When calculating cost for depreciation, what number do you use? Purchase price attributable to structure? Do you add in costs...