April M. Kimble
Hacking w/ roommates- do you mention you are the owner??
Hello,I hope all is well with everyone!I am about to close on a 4b/2.5ba home and intend on bring in 2 roommates. My question is for those who are successfully hacking SFHs by renting out individual rooms. 1. Do you...
Matt Jones
What happens if I don't move in Fannie Mae Property in 60 days? Bought as an owner occupant.
I bought a fourplex from Fannie Mae about 60 days ago as an owner occupant and I have yet to move in. I do plan to live there but I've had two contracts fall through on my house and I have a flip that is taking longe...
Account Closed
Can you get an owner occupied loan out of state?
Hey BP! I currently reside in IL.. 😪 I plan on moving to Tennessee in the summer of 2021. I was wondering can you get an owner occupied loan as long as youre in the property within 60 days? Also, do you have to have p...
Jun Zao
How do I find mortgages that allow only 5% down
So I am wondering if I could ever buy this 6 unit multi family building that has a list price of $899,000 with a 5% down mortgage.By the time I save enough for the 5% my Fico score should be 750+
John Jacobs
Private Money Lending Question
Hello Bigger Pockets,I am a Private Money Lender. I only lend to real estate investors. I only lend to business entities (i.e. LLCs and Incorporated). I do not lend to individuals. I also only lend on non-owner oc...
Paul Shepherd
Getting started as a landlord - Cleveland Ohio
Hi All,Well, after a year or so of looking and analyzing and losing some properties to other bidders, my wife and I finally closed on our first rental units. In fact, we closed on two separate houses on the same day ...
Cj McDougal
LA County Can I make my rental my primary residence?
Hi I have 2 properties in unincorporated LA County same city. I would like to scale down & move into my rental in order to refi it as OWNER OCCUPIED and take advantage of the low interest rates. I intend to rent ...
Account Closed
Flipping with a conventional loan restrictions?
Hi!I'm trying to get into flipping in the Las Vegas, NV area. To finance my first flip deal, I'm planning on using a conventional loan through my mortgage broker. I'm telling him that I'm buying the home as my primary...
Jared W Smith
Setting up Note Investing Business
Hello All, I am looking for advice on setting up my Note Investing Business. I have another business but it's unrelated to Real Estate or Investing (Architecture Professional LLC; PLLC) which had several additional st...
Alec Jacobs
House Hacking advice
Good morning everyone.
I was wondering how long you HAVE to live in a home if you househack. I know it is illegal if I would never plan to live there but is there a set time you have to live there? I would appreciate...