Sentences with phrase «building as your primary residence»

The ordinance stops applying to you the day you move in and establish the building as your primary residence.

For the rent control ordinance, you have to live in the property (3 units and below), but you are not exempt from that until after 1 year of living in the building as your primary residence.

Not exact matches

I plan: 5 % — swing for the fences 10 % — save for big blue chip bargain buys that pop up throughout the year 10 % — VNQ, other than our primary residence, I have no exposure to RE, so this should help with that 15 % — VXUS, international index exposure 60 % — VTI, total stock market index (as I get older, I will be also adding BND or a bond fund, but at 32, I'm working on building equities!)

Buying a rental property as a primary residence can help you build your real estate portfolio faster and more efficiently than purchasing properties one - by - one.

Owning and living in a rental building is allowed by mortgage lenders and, according to mortgage lending guidelines, when you live in a building you rent out, the entire property can be classified as your primary residence, which gives access to lower mortgage rates and potentially larger monthly profits.

Down Payment: as low as 5 % Credit Score: low of 620 Gift Payment: entire down payment can be a gift; no minimum borrower contribution Rate and Term: fixed (30 - year) and adjustable (5 - 1 ARM) Ceiling: $ 417,000 Occupancy and Build: primary residence Mortgage Insurance: discounted (call us at 805.543.

As posted on this blog Walsenburg is one of the early adopters changing their city code to allow tiny houses to be built and / or placed as the primary residence on a city loAs posted on this blog Walsenburg is one of the early adopters changing their city code to allow tiny houses to be built and / or placed as the primary residence on a city loas the primary residence on a city lot.

If you want to build a tiny house with the intent of keeping it relatively stationary (not moving it more than once every 3 years or so) and using it as your primary residence, you will have a way to do that (assuming your jurisdiction has adopted the tiny house Appendix Q or is willing to recognize the appendix even if it has yet to be locally adopted).

In the future, the two plan to built a 400 square foot home as their primary residence on the property, but their next project will be an outhouse with a solar water heater.

Your primary place of residence or destination is uninhabitable if: (i) the building structure itself is unstable and there is a risk of collapse in whole or in part; (ii) there is exterior or structural damage allowing elemental intrusion, such as rain, wind, hail, or flood; (iii) immediate safety hazards have yet to be cleared such as debris on roofs or downed electrical lines; or (iv) the property is without electricity or water.

Your primary place of residence is uninhabitable if: (i) the building structure itself is unstable and there is a risk of collapse in whole or in part; (ii) there is exterior or structural damage allowing elemental intrusion, such as rain, wind, hail, or flood; (iii) immediate safety hazards have yet to be cleared such as debris on roofs or downed electrical lines; or (iv) the rental property is without electricity or water.

First time home owner; to buy first flip property as my FIRST and PRIMARY residence, or buy a home to stay in personally, and wait 2 - 4 years to build more cash for purchase of secondary / tertiary properties on the side to be flipped?

I myself own a property in Racine which was my primary residence for a short time until I divorced my wife and moved to Chicago... I had it built (stupid, I know but it was what the lady wanted) and ultimately couldn't sell it when I moved as it is in a new subdivision and there are a lot of nicer, bigger, slightly older homes for sale in the area for less than what I owed on my loan, plus there are more than a few foreclosures / vacancies in this neighborhood.

I built one in 2006 as my primary residence.