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8 September 2021 | 18 replies
They are also successful at keeping properties occupied long-term with rental increases.Make sure you reach out to local landlords and feel free to send me a message here on BP if you have other questions.
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7 September 2021 | 2 replies
In this market, you may have luck with listing the property tenant occupied and still getting a handful of interested buyers.
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11 September 2021 | 4 replies
If that's the case, the property would be considered an owner occupied property and not an investment property from a value standpoint which means a CAP rate won't apply in this circumstance.
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7 September 2021 | 5 replies
If you are looking to owner occupy a duplex you'll have to use FHA to take advantage of the low down payment.
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20 September 2021 | 5 replies
For the most part, foreclosure & eviction moratoria have gone away and it's mostly business as usual for us.Exceptions:Cook County, Illinois is still not setting foreclosure sales for occupied properties.
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7 September 2021 | 2 replies
FHA loan is for owner occupied and you need to live there for a year.
7 September 2021 | 2 replies
(only way to get relocation assistance is if the property is owner occupied if its vacant they won't get anything)Q:Should I pull Title before listing the property?
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13 September 2021 | 5 replies
I will likely have upcoming appraisals for both tenant occupied rentals.
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10 September 2021 | 6 replies
The property in question is in a low income boring neighborhood, 1 block away from very low income area, a block from the bus route, but for some reason it is a little street that has mostly owner occupied houses, that are kept up nicely, and it is a quiet street.
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7 September 2021 | 1 reply
After a year of living there, you can refinance into a conventional owner-occupied loan (they might require 20% equity but ask around) and use the FHA loan for your next purchase.