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While looking for a brownstone/limestone to purchase, I’ve come across some where the “c of o” is for 5 or more units. Some of these units are SRO units.

If I buy a brownstone, I would want to divide it into two or three units. I would live in one of these units.

What issues should I be aware of regarding the c of o? Is difficult to get a mortgage when the c of o is for 5 units?

Is it difficult to change a c of o?

Thanks!