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Updated about 10 years ago on . Most recent reply

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1,451
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Sam Leon
  • Investor
  • Fort Lauderdale, FL
462
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1,451
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FNMA homepath duplex with rental restrictions?

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted

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?

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