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

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 paymentYou 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 45% of Adult children still live at home and what a way to start off with rental income, write-offs and so many more benefits of homeownershiptune in and learn more at https://www,ddamortgage.com/blogDidier Malagies nmls212566DDA Mortgage nmls324329 Support the show