Wilson L.
Tax strategies converting primary with equity into rental
I currently live in CA. I currently have about 50% equity in my primary home, we are thinking of moving into a quieter area in the next city over, a few years down the road, and want to retain our current primary resi...
Zenus Wilson
VA loan refi and convert to rental question
Hello! First time posting in quite a while and wanted to get some advice on how to approach this scenario.We’ve been living in our current home (condo) for 3 years which we purchased with a VA loan. We have done a VA ...
Kevin McGuire
C'ville SFH converted from primary residence to rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $160,000
Cash invested: $15,000
Primary residence (first home) turned into a rental rather than sold when I moved i...
Darius Crawford
Converting a group home into an investment property
Hey BP, I was searching for my first property and came across a single family that was converted into a group home for boys. The original 3 bedrooms were sectioned into dorms and the bathroom is locker-room style (mul...
Mark D.
Newport RI Property- Primary residence converted to Rental
Investment Info:
Single-family residence buy & hold investment in Newport.
Purchase price: $325,000
Cash invested: $1
Originally purchased this property with $0 down payment using a VA home loan,...
Derek Anaeme
Cost to Convert a Garage Into a room
Hi all, what would be the average cost to convert a garage of about 500sqft into a livable room with a bathroom. The entire space would need to be updated from the ground up. What would be the most expensive part of t...
Bryan Miller
Turning an older converted duplex back into SFH
Hello BP community! My wife and I found a beautiful house from the 1920's that had been converted into a non-conforming duplex back in the 1980's. It has been grandfathered in as a duplex, but we think it brings more ...
Frank Liuh
How to convert a triplex to a FourPlex?
I just bought a three-story, three-unit building in Uptown Saint John NB Canada, but it has really big interior size. Based on the existing layout, I can easily convert it into fourplex with 4 pieces of three-bedroom ...
Kerry B.
ARV Impact Converting 3 bdrm to 2 bdrm
I'm looking into a 3 bd house that is under 1,000 SQF and the bathroom is rather small and can only fit a standing shower. Contractor is suggesting we convert it to a 2 bd to make the rooms larger, and more importantl...
John H.
How to seperate electrical on converted 2 family
I have a 2 unit house that used to be a single family. Right now there is 1 electric meter, all circuits go to each unit respectively it should be simple to add a 2nd meter. I have never owned a multi before and am ...