Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Owner Occupied Financing
Hi All - I'm currently in the market for a quad. I've been approved for FHA financing, but the property must be owner occupied. I have found a great deal, however all four units are occupied. Is there any way I could pursue this deal and work out an arrangement with seller to get one of the units vacant (for example paying for tenants relocation costs)? I would imagine that there are cases of contingencies such as this in the offer, but just not sure how to go about it.
Any advice would be much appreciated!