Hi All-Hoping I can get some insight to help us close a deal. We are currently in Escrow on a 2 unit property (Separate structures). During the Appraisal we found out that our lot is zoned R1 (So only one unit) and si...
Hello All,I am looking to buy a multifamily property. I found a single family and a duplex. It says..."Property is a single parcel with 3 lots and is zoned Single family with a legal non conformance for the duplex."Ha...
Hi everyone - I'm in Seattle and own a property with 3 units that have been there forever (40+ years). Trouble is, it is zoned single family and has a permit for a non-conforming DUPLEX. So it is legal for 2, but not ...
Hello all!Is there a portfolio lender here that can take a non-conforming Condo in FL. I believe the financials are good, but after the new rules (and maybe before) it's getting harder.The condo we have has too many ...
Hi all,I've been a lurker on the forums for some time - I finally made the plunge and made an offer and I am under contract on a triplex in a coastal city in Florida! This is a very unique property, and I have some c...
Hi Bigger Pockets Friends! I need some advice about lending for a non-conforming condo. It is located downtown Salt Lake City and because 14 of the 17 units are rentals no one will lend on it. By the way, does this ru...
I'm curious to know what's the quickest close that BP members have experienced for a standard financed deal (could be investment, primary home, vacation home, etc.)? Do other states have different standards? For examp...
Has anyone utilized a non-conforming FHA loan? I'm a first time buyer having trouble financing the type of property I'm looking for (two separate dwellings on acreage). I can't/don't want to swing 20-25% down for a no...
I'm weighing putting in an offer on a duplex that has an additional non-conforming unit in Seattle. I'm wondering how home insurance (and for the renter, renter's insurance) works on the non-conforming unit. Would it ...
Hi All!
My husband and I are looking at doing an off the market deal on a multi-unit (two flat) on the north side of Chicago with a non-conforming garden unit. While we own a single family town home in DC, this will...