Stephen Edwards
Converting a tenant to owner financed mortgage
I am wanting some pointers on why this is a good or bad idea. I offer my tenants a purchase option after 1 year providing they pay on time every month for 12 consecutive months. Then I owner finance the property for 2...
Amod Karve
Converting LTR to MTR in northern NJ
Hey all,I have a rental property in Clifton NJ that is currently an LTR. With the tenants moving out, I'm toying with the idea of converting it to an MTR. Would love to talk to someone in Northern NJ who is knowledgab...
Barima Opong-Owusu
Converting a 4Plex into a 5 unit
Hi I have a scenario where I'm planning to rehab a 4 unit property. The lender I was planning to work with did a ARV appraisal based off of comps of 4 units in the area which because of 1 comp came back lower than ex...
Nicholas Weckstein
Zoned Industrial want to convert to apartments
I recently walked a property and after looking at the zoning map found out it’s industrial zoned.
My idea was to redevelop the place into loft style apartments.
Anyone have any experience with either getting some t...
Blake Ginger
Converting Multiple Parcel #'s into Physical Addresses
Hey so I've obtained a Delinquent Tax Property List from my county's tax office. My next step is converting the parcel #'s into Physical addresses. Using qPublic this is easily done on a one-by-one basis. Does anyone ...
Joe F.
Convert property to an LLC in NJ
I would like to know how to convert my 2 units single property to my LLC?
Tyler Capolungo
Converting my primary residence to a rental
Hi everyone,
I've been in my home for 3 years now and I'm looking to purchase a new home and convert my current property to a long term rental. I purchased my house using a conventional loan in 2021. Is there any ...
Stephen Bowman
Convertible Promissory Notes for Residential Real Estate?
Is it possible to give a seller money to pay off $4000 in delinquent taxes in exchange for repayment of the loan in full (with 7% interest, 1 year term) + 15% equitable interest in the property? Also, with an agreemen...
Kyryl Sokolov
Convert Single-family to add more units
Hello, Bigger Pockets! First timer here. I have bought single family owner occupied unit in seattle NR3 zoning(residential single family up to 2 ADUs allowed).
I have 2 story house with the basement. 3/1 with opport...
Mike Arias
Home Value when converting primary to rental
Hello, my goal is to convert my primary SFH to a rental. From what I read, depreciation is calculated on the purchase price of the investment property. In my situation, I purchased my primary over 22 years ago and I...