Hello bp social media I had a quick question. What are the drawbacks of not living in a home if its owner occupant and i reside in the state of Texas. I just want to find some loop holes to put down less d.p for prope...
Sellers in NJ would like to close at the end of April and do a use and occupancy until the end of June. Question: Should we move forward with the use and occupancy? What has been your experience?
My wife and I are looking to do our first deal. We are considering a 4-plex. We've never been landlords before. Just looking for any do's and don't's when it comes to owner occupancy landlording. We have young childre...
Does anyone have any knowledge or 1st hand experience with purchasing a bank-owned property that is occupied? This is in Pennsylvania..IE; what's involved in the purchase process and how the occupants can affect it, a...
Hey BP, I've been reading up on all the posts I can, but I'm to the point where I'd like some specifics answered in regards to my personal situations if you please. Thanks in advance
So, I have one residence that I j...
I see lots of questions about occupancy requirements but none that specifically address my question.I am interested in building a portfolio of an investment rental properties. To do this, I would like to buy and occup...
Hello,My brother and I recently purchased a duplex that was going to serve as his primary residence. Because of this, we applied for a "primary residence" loan. Since we bought the property, our dad became sick and my...
Hi all...
Just a question for the vets....
I understand that when you BID as an "Owner-Occ", you have to actually occupy the home for @ least 6-12 months BEFORE refi'ing or selling.
And when you BID as Investor and...
First time listing question on BP... Found house listed on Hubzu that is not listed on MLS, is cash only bid offer forclosure, states that property possibly has occupants... Question is; if awarded the bid - how do ...
I found a HUD I wouldn't mind living in after doing a complete rehab. Does anyone have experience with bidding in the OO period? Will they accept lower than asking prices, or just wait until the invested period hopin...