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Updated about 8 years ago on . Most recent reply

User Stats

15
Posts
3
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James Smith
  • Rental Property Investor
  • Transient
3
Votes |
15
Posts

Owner-Occupied with a traveling Job

James Smith
  • Rental Property Investor
  • Transient
Posted

Hello everyone.  I am looking to get started in RE, but i work in the maritime industry and some contracts can have me traveling abroad for up to 11 months at a time.

I am curious about doing a FHA owner-occupied loan for my first property but was wondering that if I am gone for such a long time aboard a ship would that cause an issue that could be viewed as fraud? Assuming that i would not be renting out the unit that i would live in.

Any help would be appreciated.

Best regards,

James.

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