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Updated over 4 years ago,
FHA investing out of state
I'm currently a resident of Washington state and would like to keep it that way in order to avoid state income tax. I'm looking to buy a four Plex in California with an FHA 3.5% down. I know you have to live in the property as your primary residence for at least a year, but can I get approved for an FHA loan in California if I'm a Washington resident? Or do I need to get a California license and residency first?
Thanks!