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8 February 2025 | 7 replies
Also if you are selling, hopefully your agent has advised you but good practice to have a vacant unit to open the buyer pool to owner-occupied buyers/house hackers.
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23 January 2025 | 15 replies
TheLoss of Rents is for the loss of Rental income if the tenants can not occupy the houseafter a covered loss.5.
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19 February 2025 | 14 replies
Since it looks like you are fully occupied and stabilized, you would be able to rate and term these quickly, since bridge loans normally don't have any prepays.
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30 January 2025 | 4 replies
Unfortunately almost every franchise involves renting the occupied space when the property would have made more money than the business.
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26 January 2025 | 2 replies
The property is currently tenant occupied on a month to month lease at $1150 per month.
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14 February 2025 | 19 replies
Get it occupied first with a lease.
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27 January 2025 | 10 replies
We also need to add in escrowed taxes and insurance to the new terms, as previously the buyers were responsible for paying them, but we’ve recently had to take that over.Context:Subject property is a mobile home on land in the state of FL that is owner occupied by the family who purchased it from our LLC.
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29 January 2025 | 21 replies
Well I have seen this come into play - I had someone who has a note in florida that was a non-owner occupied loan and the lender claims the borrower failed to make payments on this and attempted to record the deed in lieu.
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8 February 2025 | 22 replies
Quote from @David Krulac: @James Hamling Agree 100%, in my market the number of owner occupied buyers versus investor buyers is sometimes 9 to 1 or higher.
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1 February 2025 | 17 replies
In fact I can have half of the rooms occupied and still pay the mortgage.