Here are the financing options offered by my bank:1. cash out refi.

Are there other options instead of FHA for acquiring a multi-family owner-occupied residence?

Do some more research, as there might be more options than you think. 

@Robert FreebornFirst year:Real Estate Course: $420 (Rockwell), there are cheaper schools out there.Written Test: $125Finger Prints: $30Realtor's Union dues: $620 (Optional depending on Brokerage)NWMLS dues: $480Supra: $75 activation + $15 a month = $255Office fees: $65 a month or $780 (Will vary depending on Brokerage and Model)Total: $2,710 Additional Cost:Signs: This will vary depending on Brokerage and if you are on a team or notBusiness Cards: Depends on what you wantEvery two years after that you will have a certain amount of CE that you have to accomplish, but if you take advantage of free education hours put on by Title Companies and other outlets, you can reduce your cost. *** Fact ***If you sell one house a year, it pays for itself...

But that's probably hard to find - specially someone who will trust you to pay the 5-7% you promise them.The other (more realistic) option is to call a mortgage broker.

I really like who I'm working with so far but yes I'll PM you because it's always good to know the local options.

We have found that the University of Wyoming in Laramie could be an option as well.

I will be signing up for a real estate licence course within the week to become a realtor in Pennsylvania, however, with a few options I don't know which to use.

I think the buyers that will have to pull back are those who took a financial hit from the storm.If you would like to have a conversation about their options, send me a PM.

The other option would be to take a mortgage.