Adam Aero
Should I reset the owner occupancy clock now?
I'm living in one half of a duplex as owner-occupied for 8 months now. After 4 more months, I'll have roughly $30k do-anything cash (aside from emergency fund). I look for MFH under or around $100k that need a bit of ...
Gordon Ryan
MultiFamily Purchase as Owner Occupant that is full
I have though a lot about purchasing a Duplex, Tri, or Quad. All of the ones I have looked at are completely occupied.What do I do after IU purchase the multi to be and owner occupant? Inform one of the tenant's they ...
Tim Robinson
Buy and Hold triplex finally at full occupancy:)
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Baltimore.
Purchase price: $349,000
Cash invested: $50,000
This is a triplex that we bought under our LLC as a buy and hol...
Chad C.
Owner occupant insurance policy for rental-claim illegitimate?
If I have an owner occupancy policy on a rental, and make a claim will the adjuster know whats up and deny the claim? Is this insurance fraud?I have one property like this in place and another under contract for 64k. ...
Paul Kit
Certificate of occupancy for Indiana mobile home park
for park owner in Indiana out there , do you guys have a certificate of occupancy stating how many lots it gets approved?I can only find an operating license from Indiana state saying how many lots they approve. The c...
Jerry Hill
Question about final month of occupancy and deposit
Need some advice. I have a tenant who has been with me for a year and has always paid on-time the full amount owed and has never been a problem. Enter the girl friend who moved in full-time within the last 3 months. S...
Johan Yang
High ratio of non-owner occupancy condo complex
I am trying to use mortgage-conventional loan to purchase a condo investment in a high ratio of non-owner occupancy condo complex in Orlando. Does anyone know what my chance be to get approved by the bank?Thanks.
Diana Lee
Certificate of Occupancy needed for wholesale REO SFH?
Are certificates of occupancy required every time a house changes ownership?Is a certificate of occupancy required for turning on utilities/moving in to a previously vacant REO or foreclosed property bought through a ...
Terry Matula
First time investor - Owner/Occupant and Landlord - thoughts?
I'm looking at a 4-plex in Austin that's under HomePath FirstLook, and I would OO for a year. It's listed at $156K, two 2/1.5 and two 1/1.5 units... one 1/1.5 is rented now at $550, the 2 br could go for $650 as is. ...
Logan Curry
Mortgage question on duplex purchase for owner-occupancy
Hello BP community,
I am looking to purchase a Duplex with two tenants under a lease agreement (one until May '23, one until June '23). I fully intend to owner-occupy the property, and I don't have 20-25% to put down...