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12 April 2024 | 5 replies
You can get a low down payment multifamily property and if there is enough left you can use the remainder for a non-owner occupied investment property.
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12 April 2024 | 4 replies
It would be valid to assign the business account under the name of the owner who is more actively involved in managing the property.
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12 April 2024 | 10 replies
I am a very flexible time in my life so I am looking for opportunities country wide and not limiting myself have not been this motivated in a long time and I am very excited to learn all that I can to make myself into a better investor and business owner.
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12 April 2024 | 1 reply
I'm looking to get a loan for my first non-owner occupied rental property but my current lender is telling me my debt to income ratio is too high due to my student loans and mortgage.
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11 April 2024 | 20 replies
.- It's against FHA rules to use a 203K loan for an investment property, unless it's a 2-4 unit multi family and you will live on site.- 203(k) Loans are for Owner-Occupants- You can't use a 203(k) loan, legally, if you're planning to rehab/rent(not live in) the property.- The Cash Out Refi Seasoning Period is 12 Months.
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12 April 2024 | 16 replies
Look for "For Rent" or "For Sale By Owner" signs.
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11 April 2024 | 1 reply
Welcome to the site @Gevin Frey!
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11 April 2024 | 12 replies
I actually cringe when we get property management leads and it's a big owner like that.
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12 April 2024 | 1 reply
The owner doesn't have the bandwidth to finish the renovation and has put it up for sale as-is, asking $2.5 million.
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12 April 2024 | 3 replies
If the owner redeems the tax lien; you get your lien amouint, interest on your lien amount and the high bid premium back. in the example above you would pay $8952 the day of the sale and if you are able to foreclose you would pay $41,058 to get your deed when the time comes.