Sunday, September 14, 2014

How hard is it to buy a Duplex & turn it into a Single Family home?

Hello. We are first time home buyers & we fell in love with a huge Victorian home that has been turned into a duplex or triplex of sorts. The home still only has one meter so we were told that converting this home back into a single family home would be cosmetic & taking down walls. This seems like such a big job! Not only that bit take into account this homes was built in 1900.
My questions:
- Can I factor in how much it will take to convert this home in with the price when we buy the home? (As in subtract how much it is going to ask from the selling price OR add that much money ONTO our mortgage loan in order to do these changes?)
- is it hard to take down walls and rip out kitchens? We want to do most of the change a ourselves if we can so we Know that this house will takes years to complete since we have two small children.
- any advice?

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