Need Lender for 2-4 Unit owner occupied using 1031 exchange funds

[Eugene Rogachevsky]

Does anyone know a CA lender that will lend on a 2-4 unit property that will be owner occupied and that will use 1031 exchange funds as part of the down payment. Thanks in advance! Eugene

[Dave Foster]

@Chris Mason, It's not fraud.  It's about tenancy allocation and use.  Which is why the accountant sets up depreciation schedules.  Happens all the time but that doesn't keep the stodgier lenders from balking.