Dan H.
Buying 2-4plex as OO, existing tennants?
Im curious, are most 2-4plexes sold fully leased or not leased at all? Is it a mixed bag? Is REO generally sold with tennants? I cant imagine the bank likes landlording but Im not sure if they can break leases and ...
Bryan Blancke
Investment Loan vs Primary Residence Loan
I dont understand the difference between conventional bank financing for a primary residence or an investment loan. How do rates differ? Are there more costs with an investment loan? Is it okay to rent out a primary r...
Kinjal S.
Property Survey for Flips
Hello All!We are in the verge of closing on a property we intend to flip. We are in two minds about the property survey since it will be around $800 (plus $600 if we decide to get the property pins). We wanted to know...
Matt Carter
Insurance question
I'll try to keep this as short and sweet as I can. Here's our situation:
We are relocating to another city (job promotion) and have decided to rent our home. We just changed our homeowners insurance to cove...
Rigo V.
buying an owner occupied multi, how quickly to the next?
If you buy a multi with an FHA, how quickly can you get the next one? Any tips on how to quickly go from owner occupied to the next owner occupied?
Bryant Griffith
Question about Absentee Owner
I found an abandoned home and after doing some research at the tax assessor's office, I found out the owner lives out of state. I mailed a letter saying I was an investor and was interested in doing an inspection ...
N/A N/A
financed investment as owner occ.
What are the consequences after getting a reduced financing rate for owner occupied, but not occupying the property?
Will it blackmark my record, credit, or go to court if they find out?
Do you have any ideas to c...
Maya Dib
Leaning on buying the Duplex that I currently live in..
Hi everyone,
Brief background, I'm Active Duty Military and I'm currently stationed in NYC. I've been renting an apt in a duplex for about two years now and will be moving out next month. My landlord recently knocked...
Alaura Mannor
How does lease back affect mortgage?
Hello all! I was wondering if doing a lease back option as a buyer affects the mortgage at all? Do you have to notify your lender if you are requesting/offering a leaseback option? Have you ever done a lease back, as ...
Stacey Cole
Homestead tax exemption
What advice would you give someone who owns a property but does not live in it. The owners address on their drivers license shows the property address and voting card shows that address. However, the own did rent this...