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I am in the process of buying a condo in Utica, MI. This property is bank owned after going through foreclosure. I am wondering whether the Certificate of Occupancy is automatically invalid after foreclosure and needs...
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Trying to buy a FNMA foreclosure in Tampa. The Florida FNMA addendum to the contract has some strange verbiage. It is as follows:
Certificate of Occupancy: If the Property is located in a jurisdiction that ...
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I'm wondering, let's say you buy a house with an owner-occupant loan. Then 1-year later, you move to a new house and rent out the first one. Do you have to change the first house to a non-owner-occupant type of loan?
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I’m looking to buy a multi family for my first investment property. I know many people have success house hacking MF. My wife and I currently have a house but only she is on the mortgage, I am not. I have never had a ...
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Hey Guys, I'm working to build an Excel model for a potential STR opportunity. We are specifically looking at lake properties in the southeast more specifically in Georgia(close to Atlanta). Does anyone have any insig...
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Hello everyone, hope all is well. I am currently selling a home for a client and have ran into an issue. With COVID delaying many normal processes the procedure of getting a FOIL has been greatly delayed in NY. The ho...
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Hello everyone, hope all is well. I am currently selling a home for a client and have ran into an issue. With COVID delaying many normal processes the procedure of getting a FOIL has been greatly delayed in NY. The ho...
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I am looking at an area that has an 81% owner occupancy rate and and 18% renter occupancy rate. Would it be better to go into the deal with the mindset to rent it since rentals are difficult to find or to sell it sinc...
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Hi,I am a few days away from furnishing and finishing 2 of our short term rentals, in Fort Lauderdale, Florida.I would like to get a third opinion on revenue and occupancy from someone experienced. I don't mind paying...
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Hello! I recently purchased a few condos in a complex, and have a situation that I inherited. The person that's responsible for the lease originally added another individual as an 'occupant'. The leasee is in good s...