Can you House hack an 8 unit apartment?

[Christopher Soos]

I recently found an 8 unit apartment complex for sale. I am able to afford the 20% down but I would rather try to house hack in order to put less down. I know it is possible in duplex-quadplex but wasn't sure about apartments and mobile home parks. Any info is welcomed and much appreciated!

[Bob Okenwa]

If you're looking for a low (3-5% down) down payment on an 8-unit apartment or mobile home park, then you're out of luck. You're going to have to get a commercial loan and put down 20%-25%.