i've recently been trying to add buyers to my buyers list and got a strategry from someone and thats to call a title company and ask the residential properties that have been purchased within the last 3to 6 months by non-owner occupant buyers.........i havent been able o come across any good title companies in my area that are willing to give me that information,any suggestions on what could posibly do to get the info fromhem or anywhere?

Units:12# Building Size:11,520 SF# Price/Unit:$49,833.33# Property Type:Multifamily# Property Sub-type:Garden/Low-Rise# Property Use Type:Investment# Construction Status:Existing# Commission Split:2.5%# Cap Rate:8%# Occupancy:100%# No.

Hi @Jarred Black There are new laws w Dodd Frank that prevent people that rehab res properties to seller finance to an Owner Occupant.

The owner still has the right to redeem it within this 45 days, but the penalty goes up to 30%( additional 10% for year 2).After the barring of the right of redemption, you are title to the property.You can rent it out or for your own use.But If you need to sell the property to a owner occupant that needs financing, then you need to clear title in order for the new owner to get title insurance.It can be a very profitable business if the tax deed amount that you paid has a Hugh spread to the market value of the property.

In his spare time he was also doing buy an hold investing with multi-family properties and he start as an owner occupant and he actually owns that same property today, I believe nearly 46 years later.

I did end up renting him a room with an owner-occupant-student because I liked his rules concerning no alcohol, no drugs, no noise, no overnight guests, males only, etc.

The "Master Lease" should have provisions for assignment in reality if you are going to "wholesale", have no idea who would want to buy into being squeezed between an occupant and the owner at a $100 or so a door.

From my mailing, I'm constantly being contacted by owners of free & clear property that won't come low enough on pricing for me to wholesale, but are more than happy to do super reasonable owner financing deals.From advertising my wholesaling deals, I'm constantly being contacted by buyers with down payments that want owner financing (owner occupant).How do I (legally) structure these deals to make it a Win/Win/Win?

There is no creative way around the owner occupant period unless you live there for a year and then move to a new house.

Make sure you know the law on non paying occupants and what their rights are and what the owners rights are.