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?
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...
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...
Hey everyone,
So this is my first post and for about the past 3 months I have been doing a ton of reading about RE investing. I am really excited to try my hand at what will hopefully be an excellent long term inves...
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...
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 ...
Hey Providence folks, I'm wondering if 2nd homes are considered owner occupied?
How relevant is having a certificate of occupancy when buying a property (multifamily or single home). My wife, agent and i are all in the same page when we come across properties which produce good numbers and other ...
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 ...
If an occupant doesn't pay and violates a leaseholder occupant agreement. Can you kick them out in NYC? Do occupants evoke tenants rights after 30 days? I want to understand more about occupants' rights in NYC.