Can you live in an investment Property

[Adetta Samuels-Agard]

Hi BP Family, my husband and i would like to start investing in rental property. We are currently renting, but would like to purchase our first multi family unit. My question is can we purchase a multi family live in one of the unit and rent the other units out? Should we use an investment property loan or a regular mortgage loan? My goal is to stay in the unit for a short time until we can purchase a single family home.   

[Wayne Brooks]

@Adetta Samuels-Agard Yes, and as long as you plan on living there for at least a year, you could get an fha Owner Occupied loan with as little as 3.5% down.