In fact, all owner occupied loans that follow VA, FHA, Freddie Mac or Fannie Mae guidelines require that the owners move in within 60 days of settlement.You can only buy now and move in next year if you get an investor loan.Yes they run about 1/2 point higher than owner occupied loans and maybe even higher than that compared to a VA loan. 

This helps ensure the rental price suggestions are incredibly accurate by avoiding less similar locations.For property condition assessments, PadStats utilizes AI and computer vision to score properties based on Fannie Mae condition guidelines, which has been a game-changer for precision in rental valuations.They are also expanding to include automated property valuations and crime data heatmaps, making it an even more comprehensive tool for real estate professionals.As for non-AI tools, I still find Asana and Stessa indispensable for workflow management and portfolio tracking.

If I were in your position, I'd go the 5% down conventional route that Fannie Mae recently introduces for owner occupied 2-4 unit properties.

Holly molly.

Safeguards- You will want to verify the loan was sold or will be sold to Fannie Mae, Freddie Mac or the Federal Home Loan Bank.

@Mae Galang100%.

I called couple Fannie Mae direct partners, and they said they can only do 1M loan at the minimum for multifamily loan.

Note that this change is ONLY for Fannie Mae loans currently.

Here is the link to the Mortgage insurance removal for Fannie Mae originated loans.

They are 1-4 family residential, government subsidized (through Fannie Mae) loans.