Katherine Frank
Owner occupancy clause and advice on FHA
Can I get the occupancy clause lifted for an FHA loan or should I try to sell? I recently closed on a property I intended to move in with my boyfriend as we are having our first child. Unforeeen circumstances have occ...
Joe DeLuca
HELP - Post Closing Occupancy & Lease Options
Hey Friends,So here's the deal. I'm working on putting together my first deal, a triplex house hack in NJ (one Duplex, One SFH). The sellers estate heir has been living in the SFH and thus far, the property is under c...
Johann Jells
NJ: how enforceable is an occupancy limit?
I have an inquiry about a 2BR from a family consisting of a woman, her son, boyfriend and mother. I do not want more than 4 in this unit, but would not be surprised at all if more family moved in or they had another c...
Andy Bondhus
Could our occupancy limit be considered discrimination?
Texas code Sec. 92.010 says: the maximum number of adults that a landlord may allow to occupy a dwelling is three times the number of bedrooms in the dwelling. So that would be 9 adults for a 3 bedroom unit. If I w...
Account Closed
Buying from other investors VS Owner Occupants?
Purchasing from other flippers vs wholesalers?With so many people flipping houses these days, wondering what opportunities there are to purchase from other flippers?How many flippers run short of cash, or are seeing t...
Jim Anza
Tenants leaving due to other occupants smoking
I recently purchased a rental condo. Turns out that people who own their own unit can smoke. I assumed all buildings in MA were smoke free.
I called the prior management/HOA and they essentially told me I have no re...
N/A N/A
1st time buyer: Owner Occupant or Rent
Okay, so I ended up starting two threads in one day but while I was stressing over where I'm gonna end up living 3 months from now:
I feel like I'm having such a hard time deciding on what I want to do because I alwa...
Matt Rothwell
Owner Occupant in a Multifamily Home Questions
My long term goal as an investor is to have several multifamily homes providing me with a solid amount of cashflow. Right now, I have nothing, but you've got to start somewhere, right?
I originally wanted to do an o...
Philip W.
Occupancy Rate and Offer Price - How Much?
Considering all the other investment metrics turn out to be favorable, how exactly do you figure in the occupancy rate of a potential multifamily investment into what your offer price vs Seller's original asking price...
Danny Day
Owner Occupant Wants to Sell .. Gray area
Who has expierence buying REO's, or a HUD home as an owner occupant?
The house I live in right now was a HUD home when I purchased, and I submitted to HUD I would be an owner occupant.
I've got a client who purchase...