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7 March 2024 | 9 replies
The only problem I see is these loans are not made for owner occupied.
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7 March 2024 | 18 replies
A great book I gift to new RE investors is Profit First by Mike Michalowicz and it goes into detail about what types of accounts to open as a business owner.
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5 March 2024 | 10 replies
Also, you don't say where you are, but many states do not allow you to do 'Owner/Builder' work on your investment properties, just on your own personal residence....
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7 March 2024 | 3 replies
Does the owner/operator have any experience with land development?
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7 March 2024 | 5 replies
The owner ended up selling it as-is because of the long process.
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7 March 2024 | 1 reply
Once you have the establishment of the 2 year owner occupancy that's help you to cover the capital gains portion.
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7 March 2024 | 12 replies
Good point, yes a house hack would be more of an owner-occupied loan with a lower downpayment instead of a DCSR loan.
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7 March 2024 | 1 reply
I've made contact with the land owner and they are now asking what we are willing to pay.
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7 March 2024 | 15 replies
The interest will be higher than a HELOC on an owner occupied residence.
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6 March 2024 | 5 replies
The condo association has funds for the owner to complete the rehab and the owner has to option to request draws or take the money and control the rehab themselves.