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Updated over 6 years ago,

User Stats

14
Posts
0
Votes
Kyle Murray
  • Rental Property Investor
  • Plainfield, IL
0
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14
Posts

BUYING A DUPLEX WITH INTENTIONS OF OWNER OCCUPY LOAN

Kyle Murray
  • Rental Property Investor
  • Plainfield, IL
Posted

I am wondering if I were to buy a duplex with a conventional "owner occupy 1-4 family" loan, and I do not end up moving in but instead I rent the unit out, what would the ramifications be if any?

Can they call the loan?

Thank you in advance,

Kyle Murray

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