25 August 2015 | 7 replies
Lenders will look at occupancy rate, cash flow, appraisal etc.
28 August 2015 | 21 replies
, it doesn't seem that you have any GROUNDS to file for eviction until they dare past due on the September rent, unless you want to kick them out based on some other lease violation, such as "failure to keep the place in reasonable condition" or "too many occupants" or something which, it sounds )and looks) like you could probably do right away.
26 August 2015 | 2 replies
Kleisch are currently approved for financing through Greenwood State Bank in Evansville WI.The creation and building of Business Credit is also a priority.Seller Financing of 5%-100% will be utilized when available and if the terms are acceptable, in addition to other creative financing options.Private Investors:Private Investor funds will be utilized as necessary.The Kleisch’s currently have $20,000 available from a HELOC (Home Equity Line Of Credit) to use as necessary.Repair costs required prior to occupancy will be funded by one of the resources above.Private Investor Funding InformationGeneral Information: Funds will be held by a Title Company and withdrawals can only be made with the Private Investors approval.
4 December 2015 | 1 reply
Just staring out but the goal is to make property investment my full time occupation.
25 August 2015 | 82 replies
If you enjoy it and are a good person, you will succeed and build a good name for yourself regardless of your occupation.The occupation of a realtor/agent could become obsolete with the information age that we are in.
25 August 2015 | 16 replies
Dodd Frank and the extra time needed to foreclose on an owner occupant has made most shy away from such deals
3 October 2018 | 19 replies
The interest rate will be more than double a good owner occupant mortgage.
26 August 2015 | 5 replies
I'm considering a particular 3 family as an owner/occupant.
22 January 2016 | 28 replies
Germain Depository Institutions Act:"... a lender may not exercise its option pursuant to a due-on-sale clause upon ... a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property[.]”If your lawyer was surprised about the due on sale clause, get a new one immediately.