How to get financing on a 4 plex

[Stephen Moore]

Hello BP!     
    My name is Stephen, I have been analyzing a few 4-plex’s in my area to house hack. My total income is 44k BUT I travel for work and get a per diem ranging from 70$-120$ per day depending where I go. I typically go out for 3-6 months bringing in 7k -20k tax free depending how long I go out.I am working on paying off my debt as fast as possible before I buy a house. I have 20k in CC debt and 24k on my van which is my current home. I should be done with the CC debt by September. what is the best way for me to get owner occupied financing on a 4-plex to house hack for a year. (I want to rinse and repeat this process). Would I have to be completely debt free to qualify for a 4-plex that is 200k~300k? 

link to thread if this has been covered 

Thanks,
Stephen 

[Twana Rasoul]

speak with a lender and they'll give you a pretty good idea where you stand vs what you are trying to do. The cool thing about buying multi family the lenders can count the rent on the others units towards your income helping you qualify for a higher loan than you would get if you just purchased a single unit, i.e SFR.

Definitely pay that CC off as soon as you can though.

Best of luck!