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Updated over 6 years ago, 09/14/2018

User Stats

11
Posts
2
Votes
Anthony Marucci
  • Bethlehem PA (bethlehem, pa)
2
Votes |
11
Posts

FHA loan while living with parents?

Anthony Marucci
  • Bethlehem PA (bethlehem, pa)
Posted

Theoretically speaking...If I were to purchase a two-unit property with an FHA loan and only rented out 1 of the units for the first year but didn't live in the second because I was able to live with my parents would there be a legal problem with that? Do I actually need to be present in one of the units for the full year to get the loan with no problems?

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