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Updated almost 6 years ago on . Most recent reply
FHA Move Out - Second Property
So I closed on my first duplex property 2/8/18. I was able to move in after the tenant had left the premises. I just moved someone into the top unit 3/1/19 and switched utilities to there name. Looking for confirmation from people if I will be okay as I financed thru FHA intending to owner occupy and I didn't jump the gun/commit fraud? From what I understand it's a year but some are telling me it's actually 2. I want to make sure Im doing the right thing as I've now set my eyes on a second property and want to make sure I don't get into any trouble when they review my rental income.