Hello.

I have a client looking to buy a multi-family income property. His brother is a first time homebuyer and he is not. They would both be on the title.

Is it possible to for the brother to live in one of the units for a year or more and still be eligible for any 1st time loan programs in order to be eligible for a low down payment.

If not, what would be the alternative?

Thanks in advance?

Mike M