All Forum Posts by: Ji Fo

Thank you for the info @Scott Wolf @Brandon Vukelich @Andrew Postell.

Still in the process of selecting realtor, lender, etc., but I will definitely lean on them to confirm prior to moving forward.

I’ll get with agent and confirm with the city on the actual zoning on the address. If it is not able to be used as a legal duplex it will affect my strategy.

Hello there! I’m new to Real Estate Investing and in the process of purchasing my first property. I came across a listing that I like and have a question about how the listing will be viewed from the Lender’s perspective, so that I am able to pursue financing that makes the most sense (and cents).

The property is listed as a single family home, but is referenced as previously being used as a duplex- I believe they have separate addresses.

Has anyone gone through this specific scenario? Did it come down to you negotiating w/ Lender to view the property as one property type over the other based on which would give you the more favorable financing terms?

Background: this will be my RE purchase, owner occupied, prefer a low down payment 8-10%.

Hello there! I’m new to Real Estate Investing and in the process of purchasing my first property. I came across a listing that I like and have a question about how the listing will be viewed from the Lender’s perspective, so that I am able to pursue financing that makes the most sense (and cents).

The property is listed as a single family home, but is referenced as previously being used as a duplex- I believe they have separate addresses.

Has anyone gone through this specific scenario? Did it come down to you negotiating w/ Lender to view the property as one property type over the other based on which would give you the more favorable financing terms?

Background: this will be my RE purchase, owner occupied, prefer a low down payment 8-10%.