Suggestions for Financing Small Multifamily w/ Non-occupancy Loan

[Isaac Galli]

Hello!

My original plan was to buy a small multifamily (2-4 units) in my area and househack. House hacking (self-occupancy) would of course allow me to go with a non-conventional, non-commercial mortgage like Homestyle have a down payment of less than 20%.

Unfortunately, the timing might never be right (I'm renting, future tenants' leases might take more than 2 months to expire). I'm sitting in a place where a very good deal might pop up, and a conventional, non-occupancy loan would require me to put a down payment greater than 20-25%.

What can I do to reduce the down payment of a non-occupancy loan? Credit union? Hard money?

Thank you in advance for your suggestions, I greatly appreciate them!