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Updated about 10 years ago,

Taylor Means's profile image
Taylor Means's profile image
Taylor Means
  • from Canyon, Texas
  • Member since Dec 31, 2014
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Taylor Means's profile image
Taylor Means's profile image
Taylor Means
  • from Canyon, Texas
  • Member since Dec 31, 2014
Connect
Taylor Means
  • Canyon, TX
1
Votes |
2
Posts
Creative Real Estate Financing

Do I have to live in the FHA loaned property?

Taylor Means
  • Canyon, TX
Posted

I am looking to purchase my first investment property. It's a great 4plex in a college town. I would like to use an FHA loan and live in it for a while. The problem is I won't be able to move to that town for a year or so. So my question is, do I have to live in the property in order to get an FHA loan or can one of my family members live there (rent free) until I can move?

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