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All Forum Posts by: Hayley K.

Hayley K. has started 2 posts and replied 5 times.

Post: Owner Occupied Time Limit on Moving In?

Hayley K.Posted
  • Rochester, NY
  • Posts 5
  • Votes 0

Yes, I'm hoping it won't be an issue and that things will work out the way I need them to for my first deal. Thanks for the input!

Post: Owner Occupied Time Limit on Moving In?

Hayley K.Posted
  • Rochester, NY
  • Posts 5
  • Votes 0

That's what I figured. Thank you!

Post: Owner Occupied Time Limit on Moving In?

Hayley K.Posted
  • Rochester, NY
  • Posts 5
  • Votes 0

I will be going to college in a different city at the end of August, and instead of living on campus (I have already had the experience at another school) I would like to purchase a multi-family property. My question is, to get an owner-occupied loan with a better rate, what is the time limit during which I must move in? I see a couple of properties now that I'm interested in, but wouldn't move until August.

Also, if the property is fully rented, will I have to wait until their current lease is up to occupy a unit myself? Or can I give them enough notice for them to leave before the contract is up?

Thank you.

Post: Portfolio Lenders in Rochester, NY?

Hayley K.Posted
  • Rochester, NY
  • Posts 5
  • Votes 0

Great, thanks!

Post: Portfolio Lenders in Rochester, NY?

Hayley K.Posted
  • Rochester, NY
  • Posts 5
  • Votes 0

Can any investors in Rochester recommend portfolio lenders in the area, or give some advice on how they found one?

Thank you.