Financing first multi-family property.
I have been shopping for my first residential and rental property the past few weeks, for the context, I am in Canada. My plan is to buy a single-family home, live upstairs and have a mortgage helper in the basement, I would be 100% percent responsible for the purchase. This has since changed since I stumbled on a multi-family (4plex). I can afford 15% of the down payment of the fourplex but my income does not qualify for it. I have crunched the numbers and I am confident that this would cash flow and appreciate over time.
How do I achieve owning this property?
Thank you.