Not exact matches
Multi-family properties may be eligible as long as they are
owner occupied.
Currently living in Adams Point and was hoping to pick up a triplex but the area seems pretty expensive right now for
multi-family properties unless you
owner -
occupy and use Just - Cause to raise rent to market rate after a year.
I'm thinking about buying a
multi-family (2 units)
property as an
owner /
occupy to start my investing and set myself up for future success.
When you own an
owner occupied multi-family investment
property, you can rent out the other units, using that income to pay off your loan.
You do have to be
owner -
occupied for FHA, but you can but
multi-family properties (up to 4) instead of SFH as one option.