Financing Package of 3 SFH

[Katelyn Latour]

Hi All, 

I am looking at a SFH that is available for purchase on its own, or as a package of 3.

My plan for the one property is to live in and rehab, then rent in the future. It is in decent shape, just requires some updates. So, I would plan for owner-occupied conventional mortgage. 

My question: Is there a way to somehow wrap the other two properties into the deal and still qualify for any type of owner-occupied financing? My goal would be to purchase all 3 properties without putting 20% down.

Thanks!

[Katelyn Latour]

@AJ Leman Thank you so much for the suggestion! As i was driving the town today I came across a bank local only to the area. They were closed being a Sunday, but will reach out to them and see where that gets me. 

The properties have been listed for a bit, so was also thinking if i couldn't work that out, maybe get into the one for the right price, and then borrow against the equity for down payment on the others? Obviously a longer timeline but they don't seem to be moving very fast.