I am looking to purchase a 5 unit apartment complex with only 40% occupancy. Is there any possibility that the bank would loan in this property? And what are good strategies to increase occupancy?

I recently purchased a property built in 1929 that was built as a single family but was separated into two units and the previous owners -- a mother and daughter -- resided in the house in the separate units for 60 ye...

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...

Curious if anyone knows the true occupancy limits in Northglenn? I've dug around in the municipal docs with no answer. Tried calling multiple departments too and no call back. I do have the list from Hindman Sanchez t...

Any ideas for subverting owner occupancy mandates in condos, trailer parks, etc?

Is anybody familiar with the occupancy requirements associated with VA loans? From my research I've gathered that it has to be a "primary residence" and you must occupy within 60 days of closing (up to 12 months under...

We’re purchasing a home in a high demand area and we would like to rent it out on weekends every now and then. We plan on renting a small studio for ourselves to keep most of our belongings there and attempt to rent i...

Hello! I have a buyer who is waiting for a short-sale approval on a home. Everything else is done. Financing is in place, appraisals & inspections have been completed, and all documentation has been submitted to b...

My husband bought our house in 2004 with an FHA loan ( with down payment assistance). We lived in the home until about 3 weeks ago, when we moved for my husband's new job. We had planned on renting out our home as our...

Hi - This is a pseudo-continuation of my previous post with purchasing a house. We are buying the house with cash, no contingencies under a LLC name. The only requirement was that the seller obtained an U&O prior ...