Hi all,I’m thinking of purchasing a 2 unit multifamily using an owner occupied loan. I understand that this requires me to stay in home for at least 1 year before renting. Two questions:1) I am currently working remot...
I ended up purchasing Legal Shield as cannot get this tenant to leave. Lease would have ended 8/31 and initially he said he was going to look for another place but then stated he wants to do month to month. I am curre...
Hello!
I am in the process of evaluating different financing options and am having trouble understanding the rules for owner occupied loans. I plan on buying a buy-and-hold single family rental that will need some wo...
In short, my question is, if i refinance my owner occupant multi, do I need to occupy the unit for another year? We bought as owner occupant and have fullfilled our 1 year obligation and are looking to buy another pro...
Hello,
Looking at a foreclosure auction property in California that is occupied. I plan to owner occupy the property if successful. Can you tell me where the law stands on this? What kind of roller coaster am I in f...
Anyone out there rent out the main dwelling and basement to different tenants? Do you have separate utilities? How about laundry? Are tenants on main level receptive to tenants in basement? Any thoughts on this house ...
Hi BP Team,Are non-owner occupied ADUs legal in Austin? Thanks!Ryan
I'm a veteran in Philadelphia looking to purchase a small multi-family home (owner occupy/house hack) for the first year to get started. I want this to be relevantly turnkey in order to get my feet wet and satisfy VA ...
Hello all, what pros or cons could one face when trying to purchase a occupied home? Any advice would be appreciated. Thank you.
Hello,I am in process of purchasing my second home using VA loan. The home is new construction and a few blocks from my current home. The builder is offering to rent my home so they can use it as a model home for 18 m...