Hello PB,
I just bought a duplex with a 5% conventional Owner-occupied loan (home possible program) and I plan to stay in it for the one-year requirement.
If my DTI allows, Can I get another OO loan next year for ...
Hey- I've been a member of the BP community for a few months. I've just about ready to get active with looking for a home but I'm running into issues with financing a MFH. I'm looking in the Philadelphia area. Essenti...
Hi everyone,How would the verbiage be in a lease agreement where the owner will occupy the basement and all parts above the ground is the leased part?what else do i need to know / madd to the agreement in order to pro...
Would you buy a owner occupied bank owned property?
Do hard money lenders even lend on owner occ. properties that you would then have to evict yourself?
Thanks
Hello, I am a newbie and I have been reading this forum and others. I will be buying my first property soon but recently I have seen a few tenant occupied properties and these look like a good first deal for a newbie...
What would you rather buy, an occupied duplex(cash flowing) or an empty sfr? If it was your first deal, what would be more attractive to you, or if you were recommending a first deal fo a newbie?
Just curious if you ever heard of anyone successfully utilizing FHA financing for an owner-occupied flip. The 203K program is specifically for rehabs, but it is kind of a drawn out process. The intent is that you are ...
When wholesaling a house that is currently occupied what is the process that is involved? Do you basically put it under contract, and once the end buyer has purchased it how long does the seller have to move out? I r...
Hi All,I recently introduced myself to the BP community here, but as general background I have been researching for a year or so now and am starting to build up the knowledge base to where I feel comfortable buying my...
Hey everyone,So I've been trying to land that first property for about four months now. My goal was to get a 2-3 family and rent the whole thing out. Well since the Boston market is so high it's nearly impossible t...