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Updated almost 10 years ago, 01/24/2015
FNMA homepath duplex with rental restrictions?
first time I ran into a homepath property that has a rental restriction.
No renting for 1 year.
It is NOT an HOA restriction, not in any sort of community.
It is a multifamily zoned duplex.
Listing agent said there is an addendum to sign that I can't rent for 1 year. A duplex?
I asked to see the addendum to see how it is worded, have not gotten it yet.
Is this common? I thought they will offer owner occupants a first look, not a rental restriction, and on a multifamily property?