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Updated almost 7 years ago,
Buying a house and then selling it a year later....
When you buy a house is there a certain amount of time I have to keep it before I can sell again in regards to the terms of the loan?
Let's say I buy a multi family property using an FHA, I live in it for a year and then after 1 year has passed I decided I wanted to sell it and leave the country. Under the terms typically set forth under an FHA loan would I be able to do this? Or would I have to wait a longer period of time before I could get rid of the house?