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Updated over 1 year ago,
owner occupied or non owner occupied
I'm purchasing a triplex which currently has tenants in all the units. I need to apply for a mortgage loan. I plan on living in one of the units, but what happens if I cant evicted in time of the closing? Do I need to apply for a non own occupied loan instead? Should I still apply for the loan and put the address of the unit I plan on living, even if it takes a few months?