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Updated over 3 years ago on .

Marcus Allen's profile image
Marcus Allen's profile image
Marcus Allen
  • Member since Apr 27, 2021
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Marcus Allen's profile image
Marcus Allen's profile image
Marcus Allen
  • Member since Apr 27, 2021
Connect
Marcus Allen
2
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4
Posts
Starting Out

Primary Residence Requirements

Marcus Allen
Posted

Hi BiggerPockets community!

In regards to the minimum 1 year primary residence requirements for first time home loans or for places like a condo with an HOA that requires it to be your primary residence to be used as a rental. What determines your residency? Is there a certain number of weeks out of the year that you must physically live in the property? Do you only need the bills in your name for a year and no other lease/mortgage in your name? Just looking for some clarity on this.

Thanks!

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