Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

17
Posts
9
Votes
Ku Thao
Pro Member
  • New to Real Estate
  • Minnesota
9
Votes |
17
Posts

How to get financing on a 2-4 unit multifamily while owning a primary residence

Ku Thao
Pro Member
  • New to Real Estate
  • Minnesota
Posted

Hello all,

We currently own a 4 bed 2 bath primary residence that is valued at $425k.  We would like to rent out our primary and buy a 2-4 unit multi-family owner occupy.  I reached out to a lender and they stated that it will be difficult to do because the new purchase must be greater in value, space, rooms, ect... How do I get over this hurdle?  What options do I have? Should I check multiple Lenders?  We do not want to sell our current home.  Thanks in advance for any insight.

  • Ku Thao
  • Loading replies...