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Updated over 5 years ago on . Most recent reply

Brandon Wortham's profile image
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Brandon Wortham
  • Member since Jan 19, 2019
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Brandon Wortham's profile image
Brandon Wortham's profile image
Brandon Wortham
  • Member since Jan 19, 2019
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Brandon Wortham
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Starting Out

2 Year owner occupied FHA

Brandon Wortham
Posted

I am new to RE investing and my wife and I purchased our personal home on an FHA loan about a year ago. We didn't have a great experience with our original lender. So a couple months ago we had an opportunity to leave them, lower our interest rates and therefore payments and refinanced. My question is by refinancing does that restart the clock on our 2 years that we must live in the property to fulfill the FHA requirement before moving and using this home as a rental?

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