FHA On Small Multi-Family With a Stationary RV

[Jamaal Jackson]

Hello! I am new the website.

I’m currently reading the book on Rental Properties.

Since the requirement for FHA Loans is living "in" the property for a year.

I wanted to know if that requirement is also met by living “on” the property for a year.

For Example.

Say I have a Small Multifamily Duplex/Triplex and put a stationary RV in the hypothetical backyard. While I rehab the unit then finish out the rest of my year in said RV whilst renting out the units.

Would that satisfy the seasoning requirement.

[Brent Coombs]

@Jamaal Jackson, I don't see why not.  After the year is up, and your primary postal address hasn't changed throughout, what can anyone then say, if you wish to change your primary address and apply for a new loan then?  Welcome to BP.  Cheers...