FHA owner occupied duplex, house hacking

[Shawn Barga]

I have a question that has never come up. If a person uses an FHA loan to qualify for an owner occupied duplex, is it legal to not only rent out the other unit, but also rent out one of the bedrooms in the unit that the owner is living in for the minimum of one year under FHA guidelines. And after one year the owner can move out and rent out the entire unit that the owner was living in? Thank you in advance.

[DJ Richmond]

Hey Shawn, my first property was a multi family which i financed through an FHA loan. I have tenants in the bottom unit as well as a roommate in mine. As long as its owner occupied, you're good!

The lender will not use that roommate to qualify you for the loan, however.