Owner-Occupied

Owner-occupied property is a piece of real estate in which the individual who holds the title (or owns the property) also resides in the dwelling. The phrase "owner-occupied" is frequently connected with real estate investors who live in a home while renting out separate sections to tenants. In the context of real estate investing, owner-occupied homes can take advantage of appealing financing choices. After all, most homeowners can get considerably better mortgage conditions than real estate speculators. However, you will still have the opportunity to generate rental money from the house by renting out spaces that you aren't utilizing.