the other thing if its  a owner occ type loan there could be mortgage insurance.. and most banks sell their owner occ loans anyway.. now if your doing what @Levi T. talked about and going after commercial assets.. this was possible years back.my personal banker was in charge of their OREO and I got the list every week.. and bought a few subdivisioins from them they took back .. but this is small commercial bank where I knew the owners of the bank personally IE president and head credit officer.. and my banker is in charge of all the loan officers... and has banked me 24 years.. so yes its who you know.bigger multi billion dollar banks doing owner occ you can pretty much foregeta bout buying those in todays market.they want as stated to establish if they get a mortgage insurance claim and or they want to maximize profits.. there is simply not as much hangover inventory.. and or they will then sell off notes.. 

I am hoping to achieve scale through multi-family homes. 

Here are some options I'm considering:Rent out my condo, buy a duplex and live in one unit, rent out the other.Sell my condo, buy a larger multi unit like atriplex or quad, live in one unit, rent out the others.Rent out my condo, buy another 2 bedroom condo or townhouse, and rent out the spare bedroom through AirBnb.Please let me know your thoughts!

An example, our last major land deal was the entitlement and sale of land for a 453 unit apartment project on 16 acres to Lennar's Multi-Family Communities Investment arm last year.

FHA backed multi-family mortgages have outrageously good terms (85% LTV, 35 year fixed term, rock-bottom rates, non-recourse.)

Hello all my BPers. Looking at a 4plex offer but I think the seller is asking to much. I want to get some of the more seasoned multifamily investors and investors in general thoughts.$315k asking price. Rent rolls are...

So my point is that if you are dealing with small multi family units, you are better off putting in a contingency that you will only accept the place if its vacant of all the previous tenants. 

Then BRRR on multi families.Not sure if this can work, but with little amount that I would be approved for wont get me much in MA, CAN this plan work? 

Take a serious look at multi-family homes (VA loan allows you to purchase up to a four-unit property). 

We purchased a property in Chicago at auction that is one of the standard Chicago greystone multi unit structures.