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Updated over 9 years ago on . Most recent reply

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136
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19
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Orlando Roche
  • Marysville, WA
19
Votes |
136
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Home owner occupied

Orlando Roche
  • Marysville, WA
Posted

I owned a home now which is are primary occupancy, but I like some input on my creative think with out breaking the law. Here is my thoughts; I'm thinking of renting my home to my kids and trying to by a triplex or duplex as owner occupied. How long would I have to live there after I buy the place?  

Most Popular Reply

User Stats

2,283
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1,102
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Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
1,102
Votes |
2,283
Posts
Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
Replied

My pleasure. I would have the kids buy the duplex/tri-plex using an FHA loan, you can go on the loan application with them as a non-occupying co-borrower to help them qualify. They can live in one unit and you can rent out the other units. :)

  • Charlie Fitzgerald
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