Non owner occupied co borrower multi - low money down?

[Chris Perry]

Hey everyone! Question.. Is it possible to buy a 3-4 family multi under FHA or something similar for low money down with a family member? I'll elaborate.. suppose I wanted to purchase a 3 family with a family member ( grandfather or father). Could I be the non owner occupied co borrower and the family member live in it while still qualifying for 3.5ish percent down as apposed to the 25% investor rate? Most brokers say no I found one who says possibly but not really a fan of him personally. I know you all are the experts so here I am.... Please let me know what your experience is with this. Thanks!