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Does anyone in NYC have any sights into the cost and time it takes to have the C/O updated from a legal 2 to a legal 3 family? The property is located in Brooklyn and consists of two 4/2 duplexes. One of the existin...
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I am considering buying a deal with the following numbers (provided by the seller):Current purchase price 309,000Sq. Ft. Actual Monthly / Actual YearlyUnit A 1000 / 12000Unit B 775 / 9300Unit C 885 / 10620Unit D 575 /...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $261,000
Cash invested: $8,000
3 bedroom, 3 bathroom, 3-car garage, 2100 sq ft building, 7700 sq ft lot
Wh...
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Several years ago I purchased a primary residence which later became a rental. It was a conventional loan with 5% down. Is there a way to turn the title into LLC? Currently it is in my name. While it is serviced by on...
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Hi,I am in the process of converting my primary residence in 78745 into a rental property as I am purchasing a new primary residence. How important is it for me to protect this asset in an LLC? I want to grow this bus...
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Hi,I am in the process of converting my primary residence in 78745 into a rental property as I am purchasing a new primary residence. How important is it for me to protect this asset in an LLC? I want to grow this bus...
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Hello BP Family,I hope this is the correct spot in the forums to post this discussion. I have the opportunity to purchase a multifamily house in New Jersey. This property is unique because it is a 4+2. It is zoned as ...
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Hey people, a question to all experienced multifam investors in baltmiore CITY -
I'm considering a property that's in overlea but unfortunately is right within the city line. It was actually built from the outset as...
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Hi everyone! I'm hoping to purchase a property as personal with 5% downpayment & wondering how to, if possible, to convert the property to an investment property & be able to claim depreciation?
Hey all - I am in the process of closing on a property and wanted advice from anyone who has converted a single family to a multi family, specially in adding a meter to the second unit. The basement of this property w...