Devon Moore
Owner Occupied Renovation Loan
Hi,
I currently own a duplex I purchased recently in Salem, MA. I live in one of the units and rent the other. The third floor is unfinished but large enough for another unit. I am currently looking into the zoning...
Petra S Jordan
Second Home - Occupy Upstairs
Hello, I want to ask those of you smart people if you think I have a good plan and help me find the pitfalls.I live in Utah County. We have a home in Highland and it's worth about $700k (owe $200k). I run a t-shirt bu...
Alyshia Holloway
Occupied Duplex For Sale
I’m looking to buy a duplex and house hack. The duplex I’m interested in is currently occupied in both units. One tenant is paying month to month, the other has a lease that ends in April 2020. Can I buy the home as a...
Mitchell Ridge
Owner-occupied apartment question
I was wondering if anyone knows what the rules are about getting a conventional mortgage on a multi-family unit if all units are occupied at the time. Is there a grace period allowed before moving in in that case? Any...
Thomas Kelly IV
Owner Occupied (My first)
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Whitehall.
Purchase price: $191,000
Cash invested: $22,880
Nice 2 unit that needed some serious love and updating. Luckil...
Amanda Paugas
Owner occupied REO only
Hello BP members! I am looking to purchase and flip a REO, but the bank (WF) is requiring that it be owner occupied for at least a year. I am not looking to move myself, so does anyone know if there is a way around th...
Tom Horan
Owner Occupied Finance Scenario
Hi Folks - I’ve looked at quite a few posts but nothing seems to answer my question. I live in Colorado if it matters at all.House 1: SFR purchased with owner occupied conventional loan 2.5 years ago. House 2: SFR pur...
Justin Gowin
Grand Rapids Owner Occupied
Hello everybody,
Quick question(s). Is Grand Rapids, MI owner-occupied friendly? Is it easy to find good tenants and have decent ROI for the price/quality of the homes? Basically, what is it like to own a home in Gr...
Cornel Smith
Owner occupied tax delinquency
Recently I've had the habit of looking at vacant/distressed looking properties and looking up on the county tax assessor site to see if they are owner occupied or not. So I found a home, where the mailing and address ...
Tera Janelle Psomas
Occupied Tax sale purchase
Hey PROs!I recently just purchased a home at a tax sale. Its occupied by the last owner's family member. Is there a standard procedure that one would take to kindly evict the occupant while protecting the ownership ...