It depends on the rental income, what you plan on putting down (20-25% is typical, 15% or 25% is required for conventional depending on # of units) For your owner occupied deal, you should be able to use a portion of the rental income to qualify and help offset your DTI a bit. 

Everyone associated with living there and/or paying for the unit goes on the lease.

I have about 4 doors here in Columbus, Ohio in Hungarian Village and Southern Orchards that are renting about $1375 a unit for 3 bed/1 baths.

Hi all,  I'm scheduled to close on my first 3 family next month.  I'll take any and all advice any of you have, but the two things I'm looking for specifically are: what sites, services, and/or software you use and re...

Fast forward to today and I am financially free with in Painesville, Ohio a 27 unit, 24 unit, 21 unit, 20 unit 15 unit, 12 unit, 8 unit, and 6 unit.  

It's a multifamily property in a good neighborhood with three units and a total of four bedrooms and three bathrooms.

Greetings and stay focused and united. 

Try to get as many units in the building as you can.To Your Success!

I wouldn’t think this would necessarily be the correct solution in a condo unit.

@Sathya Priya Sampathkumar I’m currently renovating 2 units that are 35 minutes away from me.