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Updated 6 days ago,
*Using an FHA loan, can I move during the first year?*
Upon my research of the FHA loan and the house hacking strategy, I know one of the perquisites for getting approved and not committing fraud is to live in the residence for at least a year. However, I have found trails of information on the internet and FHA-type websites indicating if you relocate due to work, that you are not bound by the 1-year rule once you begin at your new place of employment. I would love to have some clarity and steering in the right direction as to the best source for FHA loan information and caveats, as well as any tips for a 22-year-old single investor planning on house hacking for my first real estate investment. Thank you in advance to the Bigger Pockets Community.
Sincerely,
Zachary Kotiadis