Multi Unit financing

I have to give credit and thanks to Jeremy Peterson for the chart that he created. As you can see, conventional financing is not the preferred method of taking down multi family units. I have to say that I was surprised at the level of FHA buyers buying units. In order to qualify they have to occupy one of the units as their primary residence. Let's hope we don't see rampant lender fraud with investors stating that they will live in one of the units and then never actually do it.