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Updated almost 7 years ago,
Moving into a 4 plex using owner occupied financing
I've heard about many people moving into a 4 plex and taking advantage of owner occupied financing. And I decided this was a great way for me to add to my portfolio. So I started to look and also contact lenders to find out what was possible. I've spoken to a couple of them now, and they both said that it's unlikely that I'll be able to get this sort of financing, as I already have 3 sfh's(one of which I currently live in) and that it's going to be very hard to convince them that I'll actually be living in one of the units!
Does anyone else have any experience, or suggestions as to what I can do to make this happen?