Chris Seveney
Converting a CFD to Traditional Note / Mortgage
Ok note fans- here is one for you that I am curious to hear the response as I have received conflicting information from two MLO’s who many of us know and/or use:Converting a CFD originated pre-Dodd Frank to a traditi...
Justin Velasco
Personal Residence Converted into First Investment Property
Investment Info:
Single-family residence buy & hold investment in Norfolk.
Purchase price: $135,800
Approximately 1,200 sq. ft. 3 bedroom, 1 bathroom single family house with sunroom, deck, and fence...
Vincent DeAngelis
Question - Converting a basement to a bedroom??
I know it's possible to convert a basement into a bedroom, but I've heard that it can be difficult. I know that the requirements also differ based on location you're looking to purchase a property. Is there a websit...
Paul Sandhu
Converting a propane dryer to natural gas?
This is for a furnished rental house. It sleeps 8 guys at a time. More than likely there will be 16 guys in there, day shift and night shift. I have a regular washer and natural gas dryer in there, and there is a s...
Corey Johnson
First Residence converted into Short term rental
Investment Info:
Single-family residence buy & hold investment in Baltimore.
Purchase price: $455,000
Cash invested: $75,000
Short term rental doing well in Baltimore.
What made you int...
Account Closed
Converting primary residence to an investment property
Hi guys, Newbie here looking for guidance to do this right since there is so much info out there... I bought a condo as a primary residence, lived in it for the 12 months required by the mortgage company, and now have...
Nodirbek Akhmedov
Converting a Portsmouth SFH into a Duplex
I purchased a SFH in Portsmouth that was once a single level duplex and the previous owner converted it into a SFH. The rental income makes sense to convert it back into a duplex, but I am having a hard time reaching ...
Andres S Menendez
Buying a Duplex converted from a SFH
Greeting I am in the process of looking for a MulTi Family property in the NYC areaI found a house that’s pretty clean and renovated.It has been converted to a 2 Family (it was a SFH initially)I personally haven’t see...
Ricardo R.
Help with Converting a Multifamily Apartment Deal
Hi everyone, I have my sights set on an 6 unit multifamily apartment building and am wondering it it makes sense to split it into two 3 unit apartment buildings. I would really like to hear everyone's opinion on this ...
Fred Smith
Convert HELOC into home equity loan/other?
(not sure this is the best forum for this question. Let me know if I should move it)I posted something along these lines earlier but thought maybe a more specific question would be better.Crazy market here but here ar...