Ok, so I know the rules on FHA state that I have to live there. Well, I've been looking at a few houses/duplexes, that are currently rented out, but the lease expires within 6 months.
Can I buy these FHA and then pro...
Would like to obtain an owner-occupied loan for a 3 family home in north New Jersey. I read about it in a Brandon Turner's book on investing with no or low money down. I'm a first time home buyer. What are my chances?...
Offers come up that give owner occupants the first 30 days or so to make a bid. If we bid and move in, is there a requirement for the amount of time you have to live in the home? Could you do a move-in flip?
Hey Bigger Pockets community,I am learning the business and I found this interesting opportunity and wanted some advice from you fine folks. I have posted a the Deal below. Just some additional info:This apartment is...
I understand that to purchase a HUD home as an owner-occupant you must live there for 12 months. However, is it legal to have a roommate that lives with you and pays you rent?
Hey everyone! I've got a FHA loan question. I'm looking at submitting an offer on a duplex. My goal is to live in one side and rent the other out. Currently, both sides of the duplex are occupied, and I would not ...
Hello All! My husband and I are trying to get into the real estate game in SoCal. We want to do live-in flips (more likely rent than flip). There’s a home listed on auction.com starting bid at 200k projected resale wo...
How does one determine % owner occupancy when living in a multi family home where one home is a huge single family home that has an attached apartment, another duplex, and a cottage all on the same property. Thinkin...
Interesting, I was reading the Key Data report on Next Season's US Rental Trends and noticed they include owner nights and hold nights in their calculation. This seems odd to me and skews the data. When I calculate ...
Hello,We are currently living overseas and want to buy a home for our return to the states. At first I thought to buy it as a primary residence knowing I would rent it out until such time I returned. However when in...