These were largely sourced pre-CV19, so eat the fish and spit out the bones.The DTI percentage range varies by lender, and it is less than what you will find for an owner occupied property, due to lender risk.

 @Monty Lopez I bought my first rental by telling the bank it was owner occupied to get away with only 10% down.

He didn't want to go through the hassle of showings bc it was tenant occupied so it worked out well for everyone.

In any “normal” market, I’d just put 0-3% down owner-occupied, pay for the reno, and call it a day.I’ll be speaking to banks/credit unions as well but what do you see as my options to refinance (or finance) after reno to pull my money out as soon as possible?

Owner occupied residential real estate is now heavily regulated.

If the deal was real I’m sure he would have been too occupied with other buyers to call me that many times.

I'm guessing this is within 500' of another non-owner occupied Airbnb rental, which makes this property ineligible. 

We can do a lot of the shopping around for you to save you time.Just for comparison sake, I ran some rough numbers through... you may want to keep shopping.FICO 740, 3.0% Down FHA @ 2.512% at par (no points) - Owner Occupied Quad PlexFICO 740, 3.5% Down FHA Elite @ 2.364% at par (no points) - Owner Occupied Quad PlexConventional will require a minimum of 95% LTV on SFR, 85% LTV for 2 Units, or 80% LTV for 3-4 Units and go down to 640 FICO min.Brokers get better rates...

You have expectations of tenants too as long as you are upholding your side of the contract in providing a serviceable place to occupy.

Most of our duplxes were specifically built by German and Polish immigrants specifically as owner occupied income properties, so the concept of house hacking is at least 120 years old!