If you can get over the hurdles of obtaining the loan, you may want to owner-occupy the property, find a long-term renter, which shouldn't be a problem, or rehab and flip... but I would recommend buy and hold. 

I do need some help to look at this.Selling price $360,0004 units, all are occupied, no repair costs required.

Hey BP,Has anyone worked with a bank in/around the Twin Cities (MN) that's loaned 90% LTV for non owner occupied rental properties?

The article basically says that baby boomers will be releasing their owner-occupied homes into the market, dramatically impacting supply.

The laws are different and more lenient when the property is owner occupied. 

My concern is that the policy is listed as a homeowners policy and being owner occupied.

Fully occupied but no lease in place.

As long as you've both owned and occupied it for over 2 of the last 5 years you can sell it and exclude up to $500k from taxes. 

I am looking for advice on an issue I am experiencing in the 11th hour with my credit union.I am purchasing a duplex to be owner occupied with my girlfriend. - We have a close date of February 3rd. - Our credit union provided us with a pre-qualification letter on September 19th. - They provided us with a commitment letter on December 23rd.

Purchase price: $185,000 Cash invested: $36,000 Block of 6 row homes purchased occupied, but neglected.