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7 May 2013 | 8 replies
I would say it is not common for hard money lenders to loan to owner-occupants, if that's what you're asking.
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17 June 2015 | 31 replies
But to give them credit, I think their posts would be more creative and comprehensive.Don't circumvent an owner occupant clause.
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23 April 2014 | 0 replies
It needs far too much cosmetic work for the typical owner-occupant, which explains why it has sat on the market for so long in an extremely popular area.There have been two houses in the same neighborhood that were bought, rehabbed, and sold within six months of the initial sale, for what appears to be very decent profit margins.
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20 August 2011 | 3 replies
This strategy will help your customer to pay off their loan and avoid damage to their credit rating.You customer may qualify if: Owner-occupant (rental or vacancy considered by lender on a case by case basis) At least two months delinquent at time of closing Arms Length Transaction This is an expression used to describe a transaction between persons in which each acts in their own self-interest.
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5 March 2007 | 1 reply
We want to know how to research this area of investment, how to project occupancy, differences in using regular rental contracts, deposits, etc.
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20 February 2020 | 12 replies
I’m assuming your occupancy, capex, and maintenance is covered in your rent, so 0 net contribution.
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17 June 2019 | 9 replies
Price: $795,000Community Type: All agesNumber of Lots: 22Current Occupancy: 86% (19 Mobile Homes) 2 vacant lots, one unit in the process of being certified Average MH Lot Rent: (Tenant Owned) $325Average MH Rent: (Rental Units) $768.75Animal Fees: $25 Per Dog: Current revenue from Dog Fees is $300 a month.Size: 4.24 AcresGross Income: $98,400 + $3,600 (Dog Fees) = $102,000Current Monthly Rent Roll: $8,200Market Cap Rate: 7.8%The seller also says there is an additional undeveloped half acre that could be used for additional homes (8) or RV/ boat storage, etc..
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19 June 2019 | 7 replies
You want the occupants of them to own the trailers.
22 June 2019 | 2 replies
Its a homepath so only selling it to owner occupants for 287k with arv >380k.
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24 January 2020 | 5 replies
About to schedule our first duplex's COO in Minneapolis. We live in the lower unit, tenants in the upper. What do I need to do to ensure a successful inspection? What kinds of things do they look at, and are concerned...