Hey everyone, I want your input on the following scenario. If I were to BRRRR a quadplex, when it comes to refinancing, would I be able to structure the loan as my primary residence (house hack it). I'm thinking about doing this because I believe the following is possible (someone correct me if I'm wrong)
1. I’ll get a better interest rate on the property as compared to an investment property since it is an owner occupied conventional loan
2. When it comes to refinancing, assuming I bought a quadplex all in at 200k with 25% down through a PML and it appraised for 285k. Would I still be able to cash out refinance the 25% DP I put down (assuming lender does 75% LTV cash out refinances)?
Would this be advantageous at all when compared to a traditional BRRRR and keep it as an investment property?
Thanks!
