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Updated 6 months ago on . Most recent reply

User Stats

6
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1
Votes
Nick Mazziotti
1
Votes |
6
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FHA Loan question

Nick Mazziotti
Posted

Living at home with family in NY 

Can I purchase a home in SC with an FHA Loan and make it my primary residence, but still be living with family in NY while contractor work is being done on SC property. This would be my first property purchase. After all contractor work is done in 10-12 months would than want to rent it out.

Thanks 

Most Popular Reply

User Stats

184
Posts
365
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Evan Hopple
  • Real Estate Agent
  • Columbus OH
365
Votes |
184
Posts
Evan Hopple
  • Real Estate Agent
  • Columbus OH
Replied

@Nick Mazziotti

A property that needs 10-12 months of rehab won't make it through FHA appraisal

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Reafco

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