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Updated almost 7 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from United States
  • Member since May 2, 2018
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from United States
  • Member since May 2, 2018
Connect
Account Closed
  • Investor
  • United States
4
Votes |
20
Posts
Buying & Selling Real Estate

Question on Using FHA Loans to Full Effect

Account Closed
  • Investor
  • United States
Posted

Would it be possible to buy a multifamily house using an FHA loan, live in it for one year, and just repeat the process over and over again? From what I've read and heard, the only requirement is that you must live in the building for at least one year or it is fraud. If so, this is what I'm going to do when I turn 18 ;).

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