or credit cards or
owner occ loans... Just like big commercial lenders that lend on Multi family don't report to fico.
I was never under the impression that non
owner occ deals are exempt from usury??? There are regs that make it less onerous to lend to NOO as opposed to OO but that doesn't have anything to do with exemptions from usury.
You can not use low down FHA
owner occ loan to buy rental property.
I'm finding alot of properties in my area that tax delinquent, and are
owner occ.
If SB321 gets passed the inventory will become even harder to find sending prices skyrocketing and when they eventually do release the inventory it will be unaffordable for more
owner occ.
It is typical to not have the possibility of deficiency judgments with
owner occ but the law requires them on the trust deeds used on investment properties.
or as you know we can never compete with someone who wants to
owner occ.
Other than that make sure you have your bid ready to go for the first day of the investor period, assuming it gets to that point and
an owner occ doesn't scoop it up.