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Updated almost 6 years ago on . Most recent reply

Timothy Doenges's profile image
Timothy Doenges's profile image
Timothy Doenges
  • Real Estate Agent
  • from Mount Nebo, WV
  • Member since Feb 10, 2017
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174
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Timothy Doenges's profile image
Timothy Doenges's profile image
Timothy Doenges
  • Real Estate Agent
  • from Mount Nebo, WV
  • Member since Feb 10, 2017
Connect
Timothy Doenges
  • Real Estate Agent
  • Mount Nebo, WV
68
Votes |
174
Posts
Private Lending & Conventional Mortgage Advice

50% Onsite Consultant - can I buy in another town on FHA?

Timothy Doenges
  • Real Estate Agent
  • Mount Nebo, WV
Posted

Title says it. I’m considering taking a contract job that would have me working 50% onsite for 12 months. I’m wondering if I would be able to buy a house in the destination town *on fha loan* and meet the 1 year residency requirement? Would consider AirBnB on the weeks I’m not there to help cover mortgage and then probably convert to long term rental once contract ends. Thoughts? Can this be done?

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