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Updated about 4 years ago,

User Stats

360
Posts
323
Votes
Ryan Cleary
Agent
Pro Member
  • Real Estate Agent
  • Palm Beach County, FL
323
Votes |
360
Posts

FHA Loan occupancy question

Ryan Cleary
Agent
Pro Member
  • Real Estate Agent
  • Palm Beach County, FL
Posted

My girlfriend and I currently own a primary residence in New York and are looking to purchase a 4-plex in Florida. We will be renting our current place out, I will be moving in with family as my job is located in New York.  My girlfriend is currently working remote so she would occupy one of the units in the 4-plex. 

We are looking to take advantage of an FHA loan low down payment. Would she be able to split her time between Florida and New York or would that raise a red flag?

Would it look bad if she took on a roommate as well?  

Thanks!

  • Ryan Cleary
  • [email protected]
  • 561-850-8229
  • Loading replies...