It would be worth exploring all options, and if you are willing to live in a duplex or one of those options, the rate for owner occupied financing isn't 8%, it is closer to 7%.Also, since the market is softer, you could easily ask for a seller credit to buy down the rate closer to the low 6s, and meet somewhere in the middle with a similar mortgage payment as a new build and get something that would be a really good house hack for a family with privacy, garage, etc and get the benefit of renting the other side or ADU.

Fortunately, I found one woman to occupy one room, but I'm having trouble find another to take over the other space across from my bedroom.

The lis pendens is dated April 28, 2022, and is owner occupied.

So I would like your advice.My idea:My sister and I would build a fourplex together and finance it as owner occupied.

Occupied so please do not disturb.

Typically you'll have an occupancy clause in your loan documents stating you must occupy the property as your primary residence within 60 days of signing your closing documents, and must continue to live there for at least one year.

@David Krulac would you mind sharing a bit more wisdom regarding how do you find "neighborhoods where most of the properties are owner occupied"?

The rules regarding a CO can vary between different localities; however, if the property is legally allowed to be occupied it should meet the readiness requirement.Availability generally means that the rental property is advertised to be rented.

Thanks Is this non-owner occupied or owner occupied?

Owner occupied only.