Wilson Pun
The Relationship Between Owner Occupancy Rate and Performance
While the general understanding is that a higher owner-occupancy rate in a market or neighborhood indicates that owners take better care of their property resulting in higher property value, better neighborhoods and h...
Derrick Dill
FHA owner occupancy with tenants in place already
I'm using an FHA loan to purchase a duplex property in California. The property has 2 tenants in place, with written leases that go until next year (2021). FHA guidelines give me 60 days to meet owner-occupancy (move-...
Antonio C.
Owner occupant need to change to investment urgently.
I recently did a refi on my primary home and on the closing docs it stated that it is going to be owner-occupied for 12 months. It has been a month but the situation changed, my elderly parents need to move in with us...
Matt R.
Fannie mae owner-occupant house: investor beat me!
I was bidding on an fannie mae property against one other buyer in the first couple days it went on the market. It was still in the owner- occupant time frame. I do things the right way, and was planning on moving i...
Jose Magana
Freddie Mac First Look: Owner Occupant only offers
I keep finding buildings that I'd be willing to put an offer in for but they are listed as Freddie Mac First Look: Owner Occupant offers only for the first few weeks. By the time they are available for anyone to b...
Frank Jennings
Buying a duplex that needs certificate of occupancy
I'm considering purchasing a duplex. It's not a true duplex. What I mean is that it was originally built as a single family home, but now there's a door cut out on the right hand side with stairs up to that door. And ...
Joshua Cochran
New Job Occupation looking for top ten list
If someone were deciding on changing his or her career from a lower paying job in order to get into real estate investing, what occupations in particular would be a proper pursuit? Obviously Real Estate Agent would b...
James McGovern
Auction.com Occupied: Do not disturb occupants <- Bad Advice?
No one wants to lose their home but many have found it helpful to talk with occupants of properties prior to bidding. If the occupant asks you to leave, you should but otherwise why shouldn't a buyer want to get to kn...
Ali Clark
Moving right after closing on an owner occupancy.
Hey all,So I just closed on my duplex that i’m owner occupying. I’m moving in right now but I’ve also been getting job offers to move out of state. I work as an engineer so it’s common for companies to ask you to move...
Andrea Bortolosso
Non-occupant owner vs LLC mortgage interest rate
Hey everyone,
I'm about to do my first out of state investment and I was wondering if it would make sense to set up an LLC for my first property or not.It's more the tax benefits of the LLC rather than the liability ...