Allen Lopez
Is this fraud in any way?
So If I purchase a home as my primary residence with all 100% honest intent to live in it. Mortgage laws say that I intent to inhabit the property as my primary residence. However, what if I have to relocate to anothe...
Seth Willis
Construction loan?
Hello BP,I have a co workee who is looking to sell her land she owns a few towns away, she haa about an acre of land and a house that is "inhabitable". That being said, the house was abandoned 7 years ago after a bad ...
Marlow Jones
Best option for buying a duplex
ADVICE PLEASE!!
An owner wants to sell a duplex for 40k. The only thing I know about the property is that he already has tenants living in it. I am scheduled to meet with him this upcoming Monday.
My question is thi...
Eli Kallison
Uncooperative inherited long-term tenant with no lease
Hi BP,i will be closing on my first multifamily property in St Louis MO this month to househack. The unit I plan to live in is inhabited by a man who has lived there for 17 years with no lease. He is rather difficult,...
Account Closed
Mold problem and mortgaging multiunit
Hey all, I have a pretty interesting situation in a property I'm looking to purchase. This property is a main house with an in-laws quarters with a separate address. A friend of mine is currently renting the in-laws q...
Janelle Dekdebrun
How to gather birth dates of additional occupants
Hi @Brandon Turner. Quick question for you. I am preparing my application forms for my first rental and noticed that on the Rental Application form you provide with the BiggerPockets' book at the top you ask "Who else...
Michael Roetzel
Any opportunities for low-cost lots in a modest rent area?
Hello all,
I own 2 properties in a working class neighborhood. One house (900ft2) is $500/month, and I'll be asking $750/month for a 1250 ft2 when the rehab is finished. Homes in this neighborhood are mostly early 20...
Carter Wallace
Purchasing Land w/ Partner as An LLC : Future Implications?
Hello All,I'm considering buying a property 50/50 with a business partner as an LLC. The property has two homes, and we will be inhabiting the homes separately. The deal is off-market, and we're getting a deal relat...
Mark Dalton
1st Investment House Hack Bordentown
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $285,000
Cash invested: $9,500
Value added house hack opportuniy - cash flow is projection.
What m...
Neil Robertson
FHA 203K Loan 4 Plex Full Ocupancy! help!
Hello GuysI am lookin to purchase a Owner Ocupied 4 plex in my area. Only problem is that they are all fully occupied!!! I live in Louisiana, can I evict a tenant so I can live in one of them? is that legal? Any advic...