In particular, they do not apply to a duplex that is owner occupied and the owner’s occupancy proceeds the tenant’s occupancy.  

Is this for an owner occupied loan? 

While a deed evidences their ownership, the TIC Agreement evidences their right to occupy.

In that case you could live in one (assuming you qualify of course) using owner occupied financing on that particular property and investment financing on the other three. 

It is a 3 unit apartment with 2 units already being occupied.

I’m looking at a possible duplex acquisition that is tenant occupied.

Well I have a buyer who is looking for 30-70 units class b, 10% cap rate, 90% occupied.

Not owner occupied house hacks. 

A) Just make sure you can do Airbnb in a non-owner occupied property.

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions  thank you everybody for your help!!