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Updated about 9 years ago on . Most recent reply

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5
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0
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Andrew Broadbent
  • Renter
  • Durham, NH
0
Votes |
5
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Owner-occupant property hopping?

Andrew Broadbent
  • Renter
  • Durham, NH
Posted

I've been planning to buy and occupy multi unit properties in my path to investing, but I'm unsure of how the financing would work out. Here's my plan in a nutshell:

-buy and occupy a duplex, renting the other half

-after a  year or two, buy another multi-unit property and move in as owner-occupant. 

-rent out units in original duplex and in new property (except the one I'd live in). 

my question is: would I be able to count the income from renting the first duplex when applying for financing on the second property?

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