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Updated about 11 years ago on . Most recent reply

Sam McClellan's profile image
Sam McClellan's profile image
Sam McClellan
  • from Oakland, California
  • Member since Dec 23, 2013
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Sam McClellan's profile image
Sam McClellan's profile image
Sam McClellan
  • from Oakland, California
  • Member since Dec 23, 2013
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Sam McClellan
  • Oakland, CA
10
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24
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Buying & Selling Real Estate

How long until I need to move in with an FHA loan?

Sam McClellan
  • Oakland, CA
Posted

I am looking at 2-4 unit properties that are currently tenant occupied, and would be using an FHA loan to purchase. I know that I must be an owner-occupier to qualify for the FHA loan, but how long after purchase would I need to move in? For example, if I made an offer in February and closed in March, could I move-in by September?

If anyone has any experience with this, please share....

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