Rehab Loan Financing for Owner Occupied 4 Unit

[Rodney Harris]

I am looking to aquire another 4 unit building to move into this year. The fourplex I will aquire will most likely need quite a bit of work. 

I have looked at different rehab loan programs for 4 unit owner occupants and haven't found any. I have seen the home style and fha203k. However, the home style rehab mortgage only applies to 1 unit. I currently have an FHA mortgage that I want to keep with my current residence.

Should I get a conventional 5% down loan and a separate rehab loan? If any mortgage financing professionals or anyone that has done this let me know of any way I could roll the rehab financing into the conventional financing let me know!

Any suggestions are recommended!

Thank you!