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Updated over 8 years ago on . Most recent reply

User Stats

293
Posts
175
Votes
Tyler Ansell
  • Investor
  • Tampa, FL
175
Votes |
293
Posts

Live-in FHA Calendar Year

Tyler Ansell
  • Investor
  • Tampa, FL
Posted

Hello,

I'm closing on my first duplex purchase this week and had a question about the live-in requirement because everything I read mentioned "calendar year". FHA website seems to indicate that in order to meet the requirement for live-in the owner must occupy for the majority of the calendar year.

Obviously there isn't enough time in 2016 to meet that requirement so does that mean I need to occupy for 6+months in 2017?

Thank you!

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