Questions About FHA Loan

[Ryan Lee]

Hi everyone,

It's great to be here and I want to thank everyone in advance for their help and to have this community.

My questions involve mixed use properties.

Can a mixed-use property containing 3 residential and 1 commercial space be purchased using an FHA loan or does it have to be only residential units?

If yes, can I occupy the commercial space and that would be considered owner occupied?

Is there a minimum time frame that the owner-occupant must reside in the FHA approved property, before they can rent out their unit?

Thank you,

Ryan