The easiest way to get started is with an owner occupied low money down 1-4 unit rental property.

This home was occupied with a tenant already i haven’t t touched anything but maintain the yard. i have a property manager on it now but it not worth it because i am doing all the work.

This home was occupied with a tenant already i haven’t t touched anything but maintain the yard. i have a property manager on it now but it not worth it because i am doing all the work.

If you are going to be occupying the home as well though either of you could qualify for the 121 exclsuion on the house if sold, but not both it won't allow greated avoidable tax.

I have RIGL 45-24-37 bookmarked which says:an accessory family dwelling unit in an owner-occupied, single-family residence shall be permitted as a reasonable accommodation for family members with disabilities or who are sixty-two (62) years of age or older, or to accommodate other family members.

I have found the most success with agents found on BP2] You can get the FHA for 3.5%, but just remember that you'll need to owner occupy the building for at least a year.

Yes, there are local ordinances you need to be aware of, most importantly the owner occupied requirement. 

Hello,I'm running into issues with qualifying for a conventional mortgage to buy another owner occupied house here in Missoula MT, to build another backyard ADU, this strategy works great here.

I had a real estate agent say that FHA loans can't be used to finance duplexes because of something called "owner occupancy" and that you don't occupy the full property, you only occupy half of it -- they also say they haven't done an FHA loan on a multi-family property. 

Originally, I was looking for a "house-hacking" situation with either a small home + attached living space (basement apartment, etc), or renting out rooms in a home I own and occupy.