Financing first house hack

[Daniel Campos]

Hello guys

Im new to real estate investing and I want to house hack in my local market but I encountered a problem with financing, I currently have 2 single family homes, one of them is rented and I wanted to rent the other house so I can move to a multifamily (duplex), but the lender said that the bank won't approve the loan because they don't believe that I will be moving from a single family to a multifamily, is there a way to overcome this situation or some kind of proof that I can provide? 

Thanks for the help 😄

[Matthew Kwan]

You would probably need to construct a letter of explanation and provide a  justifiable reason. The downside of getting a bank loan is that they are only one dimensional and can only offer what their guideline say so. Have you tried considering getting a loan with a mortgage broker? They ususally can work with multiple lenders and provide you a tailored fit mortgage option. @Carlos Valencia @Albert Bui