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Renting Owner Occupied Property?
Hi BP,
I recently purchased a duplex on a conventional (OO) loan with the intent to house hack it when my current living situation/lease expired.
That being said, I was curious how soon I can move of the duplex and rent out the entire duplex (additional unit) w/ out committing or breaking any sort of rules. I have been told many different things on the matter, the article linked below does a good job explaining the sort of situation I am in.
I will be accepting a new job position that is quite far away from my duplex, hence my questioning/reasoning for wanting to move out of the house hack for now.
https://www.biggerpockets.com/forums/48/topics/925...
Any explanation or help is appreciated.
Thanks