House Hacking
I want to buy a 4plex, live in one unit and rent out the others. The problem is my income is too low to qualify for a very big mortgage (maybe $165,000). I have $20,000 that I would like to use as a 5% downpayment on a $400,000 owner occupied 4plex. My question is, can the rental income of the property help me qualify for the home loan that I need?