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Updated about 3 years ago,
Purchasing using an owner occupied loan with my brother
I am an investor with 3 properties. Currently live in one of them with my wife. Debating using my brother to purchase a 4 plex and I am wondering if it is allowed. What I want to do is purchase a home with both of our names on the note doing a 3.5%-5% down payment. He would be the only one living there for the required year period. Is that allowed? Is this doable?