I plan to to rent it for 3500 when the time comes (first floor with basement)We are currently looking for our next multi family but just need to figure out the best route forward for financing the purchase.Use our own money, tap into the equity here, refinance here out of our FHA to roll into another one at our new property, go the Fanny Mae route with the 5% down Multi Family home loan program. 

Has anyone used Joel Sangerman's mentoring program?

PGW which is the gas provider in Philadelphia offers  the landlord cooperation program.

But city governments, schools, public libraries and first responders could face major budget shortfalls."

Additionally, ALE Solutions (housing relocator) offers a "Preferred Landlord Program" for priority placement within their network.

@Svetlana Nikic The 3% down conventional program is called HomeReady.

Joining a mastermind/mentorship program was a game-changer for me.2.

Obviously all different types of programs.  6.375% sounded good but a shame they will not do log. 

If the seller is cooperative, they may let you restructure it with another program/lender...

If anyone would like more information on how to do this please send me a message and I will be happy to go through the program with you.