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I'm thinking about househacking in the dallas area and I wanted to know if it's a good idea for the tenants to know that I'm an owner occupant?
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Has anyone had success with buying an owner occupied multifamily investment every year using an FHA or low down payment conventional loan? My plan was to buy my first 5 properties in 5 years using these types of loans...
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1. I'm looking into buying my first multi-family property on an FHA loan. My lender for the Bay Area said that when calculating qualification, they would have to assume I would occupy the largest / most expensive unit...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $590,000
Cash invested: $118,000
1/1 cabin in Broken Bow, STR
What made you interested in investing in th...
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I am looking at a purchase in Lake City, FL. Lake City is a rural area where families will purchase a piece of land then put several mobile homes on it so they can be close together. This is still considered residenti...
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I'm looking to get financing for a doublewide manufactured home, but I'm not finding many lenders willing to lend. Can anyone make suggestions?
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Hey guys,I have a pretty nice deal for an apartment sitting in my lap. Its a bank repossessed condo apartment going up for auction. It is specified that the apartment is occupied. Can anyone shed light on their though...
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Hi all,
New to the REI world. Where is the best place I can go to get a good understanding of what is required before renting out a property? I’m sure it somewhat differs by location. I’m located in Michigan, so that...
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If I purchase a seller finance multi-unit property, can I leverage the property value for future real estate purchases as if it were a bank loan?Thanks,Matt
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Hi friends,I am looking to get my first rental property, and was planning on using my mother as a nonoccupying coborrower (with me as an owner occupant) to acquire a cashflowing multifamily, however with a nonoccupyin...