Switching from a Private loan to owner occupied

[Simon Ruiz]

Hello.. There is a property I’m Interested in acquiring via auction however, I intend on purchasing this property with a private money lender.. With intent to rent out.. If I cannot find a tenant or I need to share the space in the future can I refinance into a owner occupied loan?

[Simon Ruiz]

@Saravanan Saravanan Because the property will be acquired through an auction I will not have access to traditional loans... Owner occupied is out of the question from the start at least... your second option seems most likely...