Hi, I'm looking to buy my first home and am in an odd situation. I have good credit, plenty of capital for a down payment with an FHA loan, but my work history is dodgy as I've been self employed over half the time an...
I seem to have a reoccurring problem with tenants in a basement apartment moving in, and their partner lives with them a majority of the time. How does one define "Occupant"? I use a month to month rental agreement...
Hello BP Fam,I'm starting my REI journey using the house hacking method. I've already got an approval for an FHA with 203k loan. My question to you all is, how do you deal with renovations with tenants currently occup...
In one of my units I have a single mom, her son and her friend living there. The mom is listed as the tenant and the son and friend are listed as occupants. The friend has since moved out and another friend has moved ...
Hello Everyone,I'm located in Houston, TX. My wife and I are in the process of closing on our first home at the end of the month. My goal is to have multiple investment properties to fund my dreams and leave my 9-5. M...
Hi Everyone,
I am graduating college this May, and am looking to buy a 3 or 4 unit property as an owner occupancy- does anyone know if you can set up a home office and deduct the sq. footage as an expense, even if yo...
Hello,
My Wife and I refinanced our home with an Owner Occupied loan 4 months ago. The language appears to be standard, 12 months occupancy unless Lender otherwise agrees.
At the time my wife, a pilot, had recently...
Hello all,I am doing some research on a potential purchase and I was wondering what kind of interest rates are offered on owner occupied cold storage warehouses?Also, what kind of LTV can you get?Building value is abo...
Hi there, Does anyone know the unrelated occupancy limits in Tampa? i.e.) can 5 unrelated adults live in a 5-bedroom house or is there a cap? Thanks!
When looking at an str what's the WORST occupancy rates you calculate/entertain?
How accurate are online calcs like Vacasa/airdna.were looking to roll profits from out flip into a down on a short term rental to kee...