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Updated over 5 years ago,
Looking for 2-4 unit financing in Wa State
Howdy!
My wife and I are looking to owner occupy and put 5% down on a duplex, triplex or Fourplex in the Tacoma area. Hopefully our DTI ratio allows us to put 5% down on a conventional. I would love to speak with someone who has already done their first multi-family (or owner occupied multi) or make contact with an investor friendly lender. We have 3 houses in Houston TX, two long-term and one short-term, and they all cash flow. Since WA state is expensive, we will probably need a lender that can cancel the debt of those mortgages (as they are all leased) and use the cash flow to bolster our income.
If you have house hacked multi or have lender recommendations please advise. Looking for any extra BP wisdom in this pursuit. Thanks for being the very best RE community on the planet!
Rob