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Updated almost 2 years ago,
House Hacking as Active Duty Military
Good Afternoon, I am an Active Duty military member stationed in Tucson,AZ. I would like to utilize the FHA loan to secure my first house hack. I would like to purchase a duplex. I know I would have to live in the property for the first 12 months before I'm capable of renting out the half I am required to stay in. My question is if I am assigned to relocated due to military orders, will I be granted to rent out the property earlier than the 12 months if this situation happens? I have utilized my VA loan already on a single family home and don't intend to use it again until I am required to relocated and utilized it the second time. So will I be capable of utilizing the FHA loan and getting out the 12 months requirement if the situation arrives? Any advice is greatly appreciated. Thank you.