Hey Bigger Pockets crowd, I have a question about mortgages and refinance options that one of my investment clients recently asked me about. My question is specific to the current lending climate so Google was not ve...
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just wondering if you pay cash for a hud reo you declare yourself owner occupant,,,how long before you rent it out? do they really check this out???
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Hi All,I've been looking to make my first purchase for a few months now. I finally found a seller who is willing to give me an excellent deal on an off-market condo. I would be purchasing this condo for about 65K, w...
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I just bought a property from auction.com. I am set to close in a month. I have not seen the inside but even if its a meth lab I got a great deal. However, it is currently occupied. Does anyone have any ideas on ho...
Oops I didn't mean to post this under foreclosures but don't see how to delete it. Newbie here. Just watched an instructional video and am being advised to get a referral for a HUD broker/agent. I was sent here to as...
Hi everyone,
I'm new here so forgive me if I am asking a question that I can find the answer to easily.
I am an owner occupant in a hot rental area of Philadelphia. I want to move on to another house an...
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I want to buy an Reo but it is owner occupancy. Its a great deal in a good area and I know I can maybe do a land trust, but if the bank does not accept the land trust what are my options? If I buy in my name then deed...
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Hi Bigger Pockets Community,I am a recent college grad looking to learn and get started in real estate. I see my one competitive advantage right now as being able to move almost anywhere within a 100 mile radius. I wa...
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Hi BP,In March 2020 I purchased a single-family Primary residence with a friend for 50/50 ownership. I understand the 12-month occupancy rule most mortgage lenders require before you are allowed to repeat the "house h...
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Hi folks,I'm closing on a property in Hawaii using a Second Home conventional loan and intend to live there for at least a part of the year. My lender sent me a bundle of documents to preview before signing and I am n...