Sentences with phrase «year rental conversion»
I have used the owner occupant / 1 year rental conversion method a couple times in the past and it has proven to be very useful.
https://www.biggerpockets.com/ Not exact matches
If the apartment is in a building that was converted from rental housing, no insurance may be provided under Section 234 (c) unless: (1) the potential co-buyer or buyer was a tenant of that rental housing; (2) the conversion occurred more than one year before the application for insurance; or (3) the conversion of the property is sponsored by a tenant's organization that represents a majority of the households in the project.
I have been involved in many facets of RE for the past 30 years from small rehab projects as a general contractor to a commercial property conversion of a summer rental cottage colony into a homeowners association.
A conversion of a residence to a rental property has some complex issues to work through in the initial year.