You have the seller sign an estoppel stating that there is no lease and what rent, if any, the occupant is paying.

They will do all the heavy lifting to start and you just have to do the final qualification.If you do go for a sale then I would think that with the upgrades you mentioned you will probably get the best price going for an owner occupant.

You essentially need to do a simple business case analysis before you move forward with any condo purchase that would be short term owner occupant, and long term rental.

No one ever mentions the occupants in the homes and what happens to them if the wholesaler is or isn't able to sell the house.Wholesalers usually double close to keep their profits confidential.

hey guys, Am buying this 3br with a six year tenant occupant with cash for $34000 and renting for 600 a month.

The first 5 days following a price reduction the property is available to owner occupants only.

 * In the city I'm in you have to get (or transfer from previous owner) a Certificate of Occupancy.  

The Residetial lending side handles mostly owner occupant (O/O) loans and follows the Fannie Mae/Freddie Mac underwriting.

I recently made an accepted offer on a condo, approved by a bank, appraisal has been done, and now I am learning of the 51% owner occupancy contingency for the loan as an investor.  

If you have a waiting list and full occupancy at the higher rate for all, why should she get the same rate while damaging your property?