With a 401k loan, however, while the borrowed money won't be appreciating (or depreciating for the matter) in the market, it will be getting the interest that you pay yourself, rather than some other finance company.I'm sure there is a factor that I'm not considering, but seeing as the OP is probably going to get a loan anyway, I think that a 401k loan might be one of the best avenues, with the stipulation that he considers his occupation within the company very secure.

But must be verified by 60 day history, and must be a gift with no requirement to pay back.Reserve Requirements 3-4 Unit owner occupied properties must have 3 months PITIThree (3)- and Four (4)-Unit Property The maximum mortgage amount for the three (3) - and four (4)-unit properties is limited, so that the ratio of the monthly mortgage payment, divided by the monthly net rental income does not exceed 100%, regardless of the occupancy status.Livable Conditions The property must demonstrate the following characteristics: A continuing and sufficient supply of safe and potable water under adequate pressure and of appropriate quality for household uses.

HUD also gives owner occupants 1st shot at deals and only allows investor offers after that window expires, so a great option for your 1st primary or house hack.

There could also be maximum occupancy rules in play in this scenario.There is an example of the law in California currently to my knowledge."

Call utility Co and ask, although they try to get out of it by claiming confidentiality, I just ell them I'm looking at the unit to rent/but and need to know "rough numbers", they will often will say what a "budget plan # is", as in a locked in monthly electric bill of $180 for a smaller all electric home I own, but not what the current occupants' exact bill is. 

., max. number of occupants, certain properties may also have rent control.    

They did it to keep subsidizing owner-occupants.  

Also, a high owner occupant neighborhood is ideal for any retail flips we do.

... not to mention that we don't know the width of the house.To the original poster - removing a load wall is a nontrivial operation with potentially great risk to yourself, your workers, and the occupant of the house.

@Garrett HayesTry to buy your first rental as a multi-family owner occupant...