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I was referred to a local who could help Georgia investors - basically I was asking for ways to leverage 4 rental houses (paid in cash) to further my purchasing power (cash out refi, portfolio loan, etc).
Needless to ...
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This property is in texas i'm not sure how the owner got himself into this trouble but he has a great 1st mortgage. 5,200,000 @ 5.38 percent for 30 years and 99% occupancy.
he's losing 20k per year
he wants me to as...
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I saw a condo I'm interested in but it's less than 50% owner occupancy. What are my options for getting financing, what credit unions or banks or other companies should I be looking at? Either for it to be owner occup...
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Does occupancy rate matter? Yes or no? I'd rather be 50% occupied, but pull in $500/night, rather than be 100% occupied at $250/night. Curious to hear your thoughts?
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I've haven't yet run into this issue with my properties until now, and am curious about people's experiences. I have a 2BR property in Virginia and am considering renting the unit to 2 individuals who are currently ro...
So, a little background before I get into my question. I currently "rent" an apartment where I've lived for the past year, but I don't actually pay rent. I do part-time maintenance work for that apartment company (law...
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Had my eyes on a Freddie Mac property. Called the listing agent to inquire, said they already had an offer from someone, an owner occupant.
LA asked if I am investor or OC, I said investor looking for pay ca...
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Hi,
I have a contract on a Owner/Occupant Duplex that I am really excited about. However, after being pre-approved for the loan amount, my mortgage broker called me back and mentioned that because it's a dupl...
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I find this amazing .... especially given their backgrounds
http://www.washingtonpost.com/local/a-million-dollar-mortgage-goes-unpaid-for-years-while-couple-fights-foreclosure/2012/03/01/gIQAb4DBpR_story.html
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Hi there - Wondering if any one can point me to the right resource / confirm the occupancy limits for unrelated individuals in Dallas/Ft. Worth area? Specifically for SFH. From what I can tell it is 3x the number of b...