Hello, I just noticed that a investor/investors just listed three units for sale that are "tenant occupied".

I'm looking at a flip in Denver and the issue I am running into is the seller is trying to find a way to occupy the property post close.

After being occupied a year even with a good tenant it is not in the same move-in condition as a unit that is on the rental market.  

You have more financing options if owner occupied and your risk is mitigated because you are living there.

I definitely recommend using a licensed loan servicer if you own even one owner-occupied mortgage note.

This could play a role in which unit you decide to occupy. good luck 

@Sam ChanI know of an off-market tenant occupied portfolio where they're willing to sell individually for 5.99% to investors. 

Hello BP, Has anyone had any luck lately on the non-owner occupied HELOC that does 80 LTV?

There are debtor rights attorneys out there, but they typically deal in the owner occupied space, if these are in LLC's then there are still attorneys but they are probably not going to get very far in any type of settlement because there are probably personal guarantees in place or the lender will just take the property. 

We used an FHA owner-occupied loan, put down 3.5%, lived in one unit, and fixed up the other.