Logan Pritchett
Creative Financing on mobile home park
18 December 2024 | 2 replies
What were the lot rents and how many lots were occupied?
Carl Reza
No clue what to do first!
23 December 2024 | 10 replies
The tenant who occupies the property pays the rent.
James Dugan
Texas - Keeping HELOC when changing Primary residence
20 December 2024 | 4 replies
There in fact is no law in Texas saying you cannot have a HELOC on a non-owner occupied property.
Akil Mitchell
Buying property with occupied illegal unit
12 December 2024 | 5 replies
Hello, looking to get into my first house hack in Chicagoland area. I came across a 2-flat with a basement that has been converted into garden unit with 3 bedrooms and kitchen and bath. My realtor found the city build...
Will Almand
Multi Family Investing Cons
18 December 2024 | 4 replies
Layout is important.Not sure what this question is, but yes, you can typically sell properties vacant or occupied, or partially occupied.
Angel Romero
I've done a house hack - Looking to unlock 250K in equity to buy a 4 Plex
19 December 2024 | 3 replies
When you say your house hack phase has passed, are you saying you DON'T plan to occupy a unit of the 4-plex?
Matthew Drouin
$1.5M to $3.125M in 18 Months
18 December 2024 | 11 replies
We negotiated it down from their original asking price of $1.8M but it needed to be a cash deal because the building was 50% occupied and of what WAS occupied was month to month office tenants.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
If you don't plan on paying cash and have to leverage with an owner-occupied loan product then you should set up your LLC as a property management company because you will not be able to borrow in the name of the LLC.
Dustin Sanders
Any 10-15% DSCR Loans?
19 December 2024 | 26 replies
Quote from @Na Wilson: I have a source (depending on credit score) that can do a 90% LTV DSCR loan on non-owner occupied real estate.
Brandon VanTuinen
First house hack - too expensive?
20 December 2024 | 9 replies
I owner occupy the home, renting a room to a friend at $650/mo, and the lower unit rents for $1850/mo - total rental income of $2500/mo.