You want to owner occupy a multi family property, and do so with no money down and by borrowing from a hard money lender, and you want to do it in a hurry?!?

If the new renter agrees to occupy August 15th, you would charge the old renter 15 days of rent and refund the remainder.

The main property is a 2 family that’s occupied and creates good cash flow, my only reason for selling is to realize the equity and use it for a renovation elsewhere.I look forward to hearing any comments or suggestions.

But those could also have had time frames, like on an OO loan you sign that you will occupy the home for a minimum of 12 months.

If you can get owner-occupied status, you'll be in better shape. 

Hey everyone, I was wondering if there are lenders currently lending at 90% for non owner occupied?

You probably do need to let your lender know that you're no longer occupying the property /renting it out if there's a mortgage on it, as well as your homeowner's insurance provider.

Traditional banks are garbage right now with rates and points for non-owners occupied properties.

If you buy a multiplex, occupy one of the units and use the other units’ rent to cover your mortgage this is a fantastic place to start your wealth.

I already got my first owner occupied loan and used up half of my savings in doing so. my partner  has about $200K but reported losses last year.