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18 May 2021 | 1 reply
Does anyone know if you can do an FHA streamline refi for a non-occupied unit?
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24 May 2021 | 10 replies
After that it is a custom selection based on various factors, some of which include: vacant/Occupied, due date/last paid, legal status, BK status, property value, etc.
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6 July 2021 | 4 replies
I bought it through a WHEDA loan and therefore I am required to occupy one of the units (it's a duplex).
29 May 2021 | 8 replies
Sounds like you want the time and mental space back that this property occupies in your life.
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19 May 2021 | 4 replies
I can buy one with a VA loan if I occupy one of the units but I’m having a hard time finding any on the market right now.
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20 May 2021 | 50 replies
You have to disclose that it won't be owner occupied but it's still conventional financing subject to fannie/freddie underwriting requirements (like a decent DTI)-- you'll pay a little more than you will for an owner occupied property but it still the cheapest financing for a non-owner occupied investment property (I thought these usually aren't callable loans if you haven't done something fraudulent).
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18 May 2021 | 0 replies
Good afternoon, has anyone done a value-add multifamily project in Inglewood that required vacating occupied units?
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19 May 2021 | 6 replies
Hey everybody! I’m both super excited and second guessing an accepted offer I put on my very first property, a nice four family building with upside for increased rents and overall value. My contract didn’t include an...
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20 May 2021 | 12 replies
Is it vacant or occupied....how easy to show?
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20 May 2021 | 8 replies
You have to change for a job or downsize or you're going through a divorce and just need a smaller place; whatever, but the underwriter has to believe you're going to move into the property and not just use owner occupied financing for a rental property.Sometimes borrowers make it make sense and other times, underwriters just dig their heels in.Best of luckStephanie