Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

39
Posts
10
Votes
Josh Kellum
  • Real Estate Investor
  • Winston Salem, NC
10
Votes |
39
Posts

Do I REALLY have to owner occupy a multi family unit

Josh Kellum
  • Real Estate Investor
  • Winston Salem, NC
Posted

I'm interested in investing in a 2-3 unit residence. As I do not have the funds, I have been interested in applying for an FHA loan to purchase this. I am starting my own family and am currently locked into a 14 month lease (wife, newborn daughter, two large dogs) and would not want to live on the property. Could I use one unit as "an office space" for myself and rent out the remainder of the units to cover mortgage costs or do I literally have to occupy?

Any helpful feedback would be appreciative!

Loading replies...