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All Forum Posts by: Jonathan Bebey

Jonathan Bebey has started 8 posts and replied 13 times.

Post: FHA occupancy regulations

Jonathan BebeyPosted
  • Investor
  • San Diego, CA
  • Posts 13
  • Votes 15

Kyle, 

That makes perfect sense. Additionally, I still am interested in a duplex and I occupy 1 unit. Can I leave my primary unit vacant to travel for contract work (3-4 months) and then return to my primary residence for the duration of the year? I would not be renting out my unit but simply exploring an opportunity in another location while leaving my unit vacant. Thanks for your reply and your time. 

Post: FHA occupancy regulations

Jonathan BebeyPosted
  • Investor
  • San Diego, CA
  • Posts 13
  • Votes 15

Hello BP Community, 

I am looking heavily into buying a multi family property using an FHA loan for a duplex or triplex to house hack. Per FHA regulations I have to live in the house as a primary residence for 1 year before moving out and renting out my unit. However, I read about exceptions such as relocation for a job (>50 miles). I work in healthcare and I am considering relocating to travel around to new cities resulting in me moving within the 1st year.

My question is: Is it legal to rent out my residence with an FHA if I was required to move outside the area where I was house hacking? Can I get a new FHA loan in my new city? Any insight on this question is really appreciated!

Post: New to Real Estate Investing

Jonathan BebeyPosted
  • Investor
  • San Diego, CA
  • Posts 13
  • Votes 15

Hello all! I am excited to write my first post. I am 28 based out of So-Cal & just getting started in real estate investing for the past 3-4 months with a bit of capital saved up ~20K. I am looking to get started in the Greater Phoenix area through investments like flipping, buy-&-holds, and BRRR primarily but open to all possible opportunities. I would like any tips from people in those area or anyone who is similar to me that would like to partner up! Thanks to any advice in advance