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Updated almost 8 years ago on . Most recent reply
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FHA Loans: How Much Owner Occupancy?
Okay, odd question. I work overseas full time, and I don't currently have my own personal residence back in the US. I was considering perhaps looking at an FHA loan to purchase an investment property in my home state (FL), maybe before I even get back for good. I'd like to house hack a 2-4 unit property and fulfill my legal obligation to occupy one of the units, but that's where I get into uncertain territory. Aside from getting my mail there and staying there when I come home on vacation, I wouldn't exactly be doing much occupying of the unit, I'd be there less than a month out of the year and spending the rest of my time in a barracks overseas, making that Rambo money. Would this be in some way a breach of the FHA loan terms?