I know some people who converted their 2 unit TICs into condos. (no lottery required) Does anyone here have experience with this or thoughts? If you can get a price discount it could be a good way to own in San Francisco. I have seen redone units sold as TICs as well as units that have not been updated. There are pros and cons to each. A recently redone unit can be converted to condos faster. Units with those classy 70's details might require some updating to convert.
I know some people who converted their 2 unit TICs into condos. (no lottery required) Does anyone here have experience with this or thoughts? If you can get a price discount it could be a good way to own in San Francisco. I have seen redone units sold as TICs as well as units that have not been updated. There are pros and cons to each. A recently redone unit can be converted to condos faster. Units with those classy 70's details might require some updating to convert.