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Updated over 3 years ago,
Moving Past Employer Distance Requirements for Primary Residence
Currently looking to purchase a primary residence out of state to house hack. Unfortunately, the lenders we have talked to say we need a letter of approval from my employer stating that I am a remote worker in order to purchase a primary residence out of state. As I'm in an industry that will be returning to the office soon, I don't see my employer approving this. We have talked about purchasing the property as a second home, but would like to avoid that if possible as the down payment is higher and the rental strategies are different.
Does anyone have any advice/experience with this or anyway around this situation?