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Updated over 5 years ago,
2 Year owner occupied FHA
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?