Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

35
Posts
22
Votes
Ryan Newport
  • Investor
  • Meriden, CT
22
Votes |
35
Posts

FHA now and Evict Later with Moratorium ending?!

Ryan Newport
  • Investor
  • Meriden, CT
Posted

Hey all, 

Curious to hear some feedback here and see what people's takes are on the topic. I'm currently seeking a house hack with an FHA loan, so of course two of the requirements are that I live in it for a year and move in within 60 days of closing.

I've been steering away from completely filled properties, even if tenants are on month to month leases, because the general consensus I had gotten earlier this year was that it wasn't possible to evict people or move them along. By steering away I mean that if a seller doesn't come back saying they're willing to make a unit vacant on close, then I've been moving on without making an offer. 

My two questions are this: 

1. Is it easier to evict someone, even IN the state of the moratorium if say one's FHA offer is accepted, the property becomes my primary residence and I am then required to live there. I would think there would be some different regulations for this scenario vs. a straight out non-occupied investment property. (And if anyone has insight please do let me know, get in touch, and provide any links if possible!)

2. With the moratorium coming to an end soon anyway (I live in CT and its currently scheduled to end May 20th), should I be switching up my criteria and putting in FHA offers even if properties are completely filled.

Appreciate any and all Insight! 

Loading replies...