Financing Help on Second Property

[Monish Lillaney]

Hey All, I currently have a 2 family that I rent out and live in one of the bedrooms. Was able to get a conventional 30 year for 3.875% because it is owner occupied.

Just got an offer approved for my second property, a 3 family home. How should I finance this (other than sellers financing or putting 25% down and classifying it as investment property, a rate of 4.875)?

My lender is telling me to make the new property a owner occupied since it is bigger loan value at 4.275% and change the first loan I got from owner occupied to investment property at 4.675%... Thoughts?

Hope to hear some creative solutions here!