How to go about using an FHA on fully occupied duplex or triplex?

[David Rivera]

I want to buy a duplex or triplex. I am running into properties that are fully occupied. Some are with leases and others month to month. I believe I have a 60 days to move in per FHA requirement. I'm sure this issue is common amongst newbie's like myself.

[Ryan Twombly]

Hi David, I agree with Jasen, even with Covid I don't think this would be a big showstopper. Even though there is an eviction freeze in CT, most tenants are still reasonable people and don't want an eviction filed on their record. I am currently househacking a 3-family in Middletown, let me know if you have any questions about the process. To Jaysens point, I used a 5% down CHFA loan vs the traditional HFA for this property. While there is a slightly higher down payment, the loan is a lot cheaper in the long run.

-Ryan