If a current multifamily all residential two story 8 unit building is in business B1-2 zoning, where only residential usage is allowed on the second floor, does the certificate of occupancy show that its usage is gran...
Hello. We are new landlord and want to have clear understanding on regulations on occupancy limit. We have studio loft apartment units. It is 530 sqft with metal hand rails with metal spiral stair case. We think it is...
Does anyone know a good map that breaks down how many owner occupants versus rentals are by specific location? I don't only want the data that is available on the census which gives you information by city, but was ho...
Does anyone have a section in your lease regarding the number of occupants in a unit? I want to add something to eliminate a large number of people in a unit, and to eliminate people that aren't on the lease from movi...
I've received an application from a tenant with 4 adults and 3 kids. Aurora CO home is a 3 bed 1 bath main floor and basement unfinished with a non-conforming bedroom and bathroom. Am I liable for accidents that hap...
Hi bp,So if I put 25% down on a two family as a owner occupancy, can I do a live in flip and vacate/ rent it out in 6 months once the rehab is complete? or is there a 1year clause?ThanksRyan
Good morning!I am in the middle of an FHA owner-occupied live in flip. I was talking with my lender and he pointed out the following wording on my loan:"This offer is being submitted that I/we will occupy the property...
Hey BP,Is anybody familiar with the owner occupant loan laws/regulations in NC? Specifically Wilmington, NC. I am O/O financing a property and I want to turn it around and rent it out after we live in it for a year. I...
Good evening all,I was wondering if anyone has any experience with getting approval from lender to rent unit prior to 1 year. This is my 4th property, so the other 3 are rented. I started buying in 2013 in properties ...
If you wanted to owner occupy a property, and you didn't want to buy from the MLS, could you market to sellers with marketing messages that say you would like to purchase their property in order to live in? Example: ...