Now able to buy a duplex, triplex and quad owner occupied with 5% down

Buying Florida · Dec 14, 2023 · 4m

You could only buy an owner-occupied duplex, tri, or quad with FHA, now you can buy it with a Conventional loan with 5% down.

Think about having a home where you can live in one unit and rent the others out to help make the mortgage payment

You can also use the rental income to qualify up to the mortgage payment to offset the debt.

Think of first-time home buyers going with 3.5% or 5% down on their first home. How many investors wish they could have done that on their first home?

I believe at some point rates will come down and a lot of opportunities will present themselves in 2024. Remember…