Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
I would say target a 4 unit property as that will give you the best opportunity for cash flow (or close to it) and that's the highest unit count you can go with for an owner occupied loan.
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
Also consider when you sell house with seller financing to owner occupied person as their primary residence you cannot balloon per Dodd Frank.
Kris Lou
PM Fees in Indy
19 December 2024 | 5 replies
2) Many flat fee PMC's charge whether property vacant or occupied, tenant paying or not.Lots of games also played with Maintenance fees.
Sophanara Khoeun
New to Investing: Repairman? & Hire or Not to Hire a Property Management Company
27 December 2024 | 9 replies
By doing this we qualified for a larger mortgage because we could use the rent from the other tenant to qualify and there are better lending programs when it’s “owner occupied”.
Vaughn J Smith
Single family home (former rental) for sale in slow market
20 December 2024 | 10 replies
There are significantly less opportunities for HELOC on non-owner occupied but there are some (you would likely need to investigate to find a few).
Nick Cooper
Purchase long term with conventional 20% or less down
14 December 2024 | 6 replies
@Nick CooperAnything sub 25% down for 2-4 units that are non-owner occupied will be DSCR/ a portfolio product.
Jewell Arceneaux
Attention Investors: Scale up starting with FHA
14 December 2024 | 6 replies
Yes, it is possible to obtain a second FHA loan, but only under specific circumstances, as FHA loans are designed primarily for owner-occupied properties.
Lenny Grzeskiewicz
Multi Family Lead Generation
17 December 2024 | 3 replies
And when you do have a list is cold calling the best way to reach owners as direct mail would most likely go to their tenants and not the owner if not occupying the property?
Thomas Lebens
Can a rookie use a DSCR loan for a duplex?
15 December 2024 | 18 replies
Quote from @Justin Hammerle: @Thomas Lebens - if this is your first property and you plan to occupy why not consider an FHA?
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
SBA loans can also be used to purchase existing real estate, as long as at least 51% of the square footage is owner occupied (so occupied by your business).