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Updated over 2 years ago on . Most recent reply

Duplex FHA question.
It's hard finding any deals on duplexes here in Wichita that I could house hack with owner occupied FHA but I have come across a few althoufh most places have a tenant in both sides.
My question is if the tenants of one side are on a month to month lease is there anything I could do in terms of buying the property, sending out an eviction notice then moving into one side soon after. Would they be a crappy thing to do? Could I even get an Owner occupied loan if both sides are rented even if it’s just month to month. Also is there a time limit on how soon I would have to move in to the residence when using owner occupied loans. Hopefully that makes sense and I will appreciate any advice.
Most Popular Reply

You wouldn't need to serve a notice of eviction, since they aren't being evicted.
As the owner of a property you are fully able to choose to end a periodic tenancy (like month-to-month) at the end of a period given proper notice.
Most of the times this would be a 30-day notice (or more if you feel like it) and then the periodic tenancy is no longer renewed, thus it's done.
NOT a crappy thing to do. Fully legal, ethical, and within your rights. If that puts the tenant in a bad spot then BOO on the seller or former PM for not safeguarding the tenant's needs through the sale with a longer term lease!