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Updated over 2 years ago on . Most recent reply

Recorded condo question.
Hey, Bigger Pockets community. I'm looking at a multi-family deal in Baton Rouge. It's a triplex that has been recorded as a condo and can't go conventional unless that's changed. My questions as a prospective buyer is: What's the process for changing such a recording? Is there someone to reach out and talk to that about that specifically? And finally is it all on the seller to have the recording changed?
Most Popular Reply

You can do three separate conventional since these are three separate tax parcels or commercial/portfolio. Rewriting and re-recording will be cost prohibitive for all involved since you’ll need to go through the legal process of dissolving the condominium