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Updated about 2 years ago on . Most recent reply

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12
Votes |
23
Posts

FHA 1 Year Occupying loan- What Exact days or percentage must you live in ?

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Posted

I understand with an FHA loan you must live in the property for the first 12 months and move in within 60 days of closing before making it an investment property. I am trying to find an article or any information about how many specific days do you have to be living in that property during the first year? I want to rent out some rooms (maybe Airbnb) for a couple weekends in the year when there are big events nearby and I’ll stay elsewhere those few weekend. I want to be cautious that I am not over stepping any rules in the FHA loan. 

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