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Updated about 5 years ago on . Most recent reply

User Stats

9
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8
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Aaron Moskal
  • Los Angeles, CA
8
Votes |
9
Posts

How to Meet FHA Primary Residency Requirements

Aaron Moskal
  • Los Angeles, CA
Posted

Hi all! 

I'm interested in doing a House Hack in a market with strong airbnb potential as my first deal (Joshua Tree, CA to be specific). 

Ideally, this would be some kind of duplex/small multi family. 

I'm hoping to be able to use a 3.5% down FHA loan. My only issue is that I travel frequently for work (10+ months per year). This property could be my permanent address on record but I wouldn't necessarily be there often. I would like to then rent out the other units and airbnb my room or unit while traveling.

Would this violate the terms of the FHA? If not, what would I require to prove that this is my primary residence?


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