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7 July 2024 | 11 replies
It looks like it's pretty much the same terms: 0% down owner-occupied and 5% down NOO. 2.25% funding fee and the seller will pay up to 6% of the sales price towards closing costs.
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7 July 2024 | 14 replies
Something else people don't know is that technically, for second home loans, you are supposed to occupy the property for more than 180 days.
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7 July 2024 | 27 replies
.- where the homes are located- your intent to occupy the new home as your primary residence- other circumstances like a PCS, upgrade in the same area, etcVeterans United Home Loans specializes in VA loans is an amazing company (of which I work for, educating real estate agents about VA loans).
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7 July 2024 | 12 replies
The second VA loan, like the first needs to be owner occupied.
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8 July 2024 | 35 replies
Some of the stricter regulations you could see include an 8% transient occupancy tax, the owner (you) having to occupy the residence for 180 days per year, reapplying every year for a provisional use permit, limiting number of occupants, and special permit fees ranging up to $500 per permit with a public hearing per permit.
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6 July 2024 | 3 replies
Hello David, it’s definitely a good idea to walk-through your occupied rental properties.
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5 July 2024 | 4 replies
Do you want to be able to get the tenant out so you can sell to an owner occupied?
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5 July 2024 | 1 reply
Motivated seller with all units occupied with tenants How did you find this deal and how did you negotiate it?
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5 July 2024 | 3 replies
Usually you can only get the 5% down if you will be occupying the property.
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5 July 2024 | 4 replies
You would need an owner-occupied loan like a conventional 5% down mortgage.