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Reply to "house sold down the street now turned into a rental with multiple families - legal?"
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[quote=Anonymous][quote=Anonymous]OP: If you want to be a nuisance, look up the buyer’s info on the county assessor’s website. You can also likely access financing documentation too (we can do this in DC - it’s all publicly available). If owner is claiming house as primary residence, notify the MoCo assessors office so he can get slapped with the rental property tax rates. If owner is claiming as primary residence to his lender, contact the lender directly. They will be very eager to either call the loan due or force the owner to refinance into a much more expensive investment loan (probably 200 bps higher interest rate than conforming 30Y loan for owner occupants). Lenders are going hard right now after investors who are taking out phony primary residence loans. [/quote] Damn, this is a good idea.[/quote]
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