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Updated over 4 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Craig Fogarty
  • Rental Property Investor
  • Boston, MA
1
Votes |
8
Posts

Owner Occupant Clause

Craig Fogarty
  • Rental Property Investor
  • Boston, MA
Posted

I’m considering making an offer on a single family occupied by renters. I’m using a 5% down conventional loan. They each rent a room inside the property and the owner is absent. They’ve been in the property for 5 years plus without issues to the landlord. Can I move into the vacant room inside the property and leave them in there without violating any owner occupancy clause? Thanks for your help in advance.

  • Craig Fogarty
  • Loading replies...