
29 January 2017 | 16 replies
As an owner occupant in Oakland I can give notice to the existing tenant (this would be difficult or impossible if you were just an investor) in the 3 bd unit and rent that to myself for market which is $4k (I pay $3.6k for a 3 bd 2 ba condo down the street with 2 parking spots in Oakland currently with my brother and this place is much larger and overall better location wise. $4k is conservative to be honest, place could probably go for $4.3k-4.5k.).
3 November 2016 | 3 replies
We also want to get copies of any leases of tenants, proof they have been paying, any Certificate of Occupancies, and also proof there is a security deposit.

3 November 2016 | 20 replies
And no, a lender won't allow you to purchase a home under occupancy requirements if you intent to move into it at some point.
3 November 2016 | 6 replies
It focused in on markets that demonstrated high gross annual rental yields as well as areas marked by low owner-occupancy rates, which can signal a strong demand for rental properties.1.

4 November 2016 | 5 replies
Hello BP members,I found 3 multifamily auction's around my house but i had only one week to bid, so I tried to find out everything possible which lead me to an older action for all three and the starting bid was $1,000,000.so i set my goal to bid 15,000-18,000 per unit with more than 95% occupation and average rent price of $400, anyhow i didn't made the bid and they didn't sold them yet.my question is what next can make an offer to the broker?

2 November 2016 | 3 replies
If you are buying property that a govt. entity owns and is restricting purchase to owner/occupants then no you cannot because you are not buying it to hold for investment.

3 November 2016 | 5 replies
Once it becomes available through FNMA, owner occupants will have the first crack at it

4 November 2016 | 11 replies
Hard money lenders tend to not like those deals as risk is higher versus 50 or 60% occupied with some cash flow to the stabilize closer to full occupancy over time.

7 November 2016 | 2 replies
What are the buyer's plans for the property (e.g. owner occupant or investment property)?

4 November 2016 | 4 replies
It's a great way to get owner occupant financing that is pretty straight forward.