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Updated over 8 years ago, 08/15/2016

User Stats

12
Posts
2
Votes
Carmen Falcone
  • Boca Raton, FL
2
Votes |
12
Posts

Buying investment properties with FHA loan.

Carmen Falcone
  • Boca Raton, FL
Posted

If you have an FHA residential loan you need to occupy one of the units and can rent out the rest. My question is can you ever rent out all of the units or will you have to occupy at least one of them for the life of the loan? For example, I live in Pennsylvania and a residential property is 4 units or less. Lets say I bought a four unit apartment, lived in one, and rented out the other three. Now if I wanted to move out of that apartment in a year from now, would I be able to rent out that fourth unit?

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