Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Need help!!! What should I do?
Hi B.P family,
I purchased a two family seven months ago, one unit has three bedrooms and the other has two. My wife, daughter and I live in one unit ( 2 bed) and I have tenants occupying the additional unit. My mother in law now lives with us and we're looking to add an additional family member to the household. Due to this, I'd like to move out and purchase another home because our unit is too small and is not suitable for five people. I purchased with FHA...am I able to purchase another home to occupy or do I have to wait a minimum of a year before I move?
Thanks!