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All Forum Posts by: Brian Angeron

Brian Angeron has started 1 posts and replied 1 times.

General Real Estate Investing

Post: Owner occupancy rules - STR

Brian Angeron
Posted
  • South-East Texas
  • Posts 1
  • Votes 0

I am working out of town for months at a time and would like to buy a property back home with an FHA for the low down payment. While I am away I would like to rent the property as a STR, having family help with the management.

Is there owner occupancy requirements that would prevent me from doing this?

The property would remain my primary residence on paper while I am working these contract positions out of town for 3+ months at a time, I just would not be physically present for the entire 12 months.  

This would be my first investment property so please excuse the Newbie question!


Thank you!

-Brian

0 Votes
Houston, Texas