its very hard to get an REO in a decent price in nyc. since the property was occupied, we got this in a discount. we succeed to make a deal with the tenants and got it fixed % sold.

Sell the property and have an Owner Occupier build. 

Again, this was done without our knowledge or consent.There was one claim whereby we sent people to trim trees which were occupied by squatters.  

The rest must be owner-occupied.

I'm researching the possibility of purchasing another duplex or a triplex within the next few months.My question is: Is there such a thing as an owner-occupied, non-QM loan for a multiunit investment property?

Investment Info:

Single-family residence buy & hold investment in Murrieta.

Purchase price: $440,000

Sale price: $675,000

Purchased with 5/5 ARM, no money down and walked away from closing with $...

About to close a deal all cash for $1.46M and was going to get a cash out refi after to take out about $630K in cash. A friend in lending told me I'd get better pricing if I have private lender do a $630K loan, record...

Tom the other issue for the seller is lenders with NON owner occ can sue on the note and get a deficiency judgment.. out west in OR WA CA MV AZ and probably a few more purchase money loan for owner occupied no deficiency can be taken. 

For example in many jurisdictions I can STR units in a duplex but cannot STR an ADU (some jurisdictions will let you STR if you owner occupy).

@Alan AsriantsIf you are occupying your home, your should apply for homestead and save some money on your taxes.