Can I rent a bedroom with an fha loan

Can I rent a bedroom with an fha loan

Investor · Lancaster, PA · Member since 2017 · 38 posts · 5 votes

if I purchase a duplex that has 2 bedrooms each using an fha loan, can I find a roommate for the other bedroom in the unit I live in? Or is that not allowed? 

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  • Real Estate Investor · Williamson County, TX · Member since 2011 · 1k+ posts · 961 votes
    9y
    The only FHA loan rule I have heard of is that it must be for your own personal residence and not 100% an investment. So you can rent out one side and as long as you live in the other side you can have as many roommates, visitors, pets, cars, trucks or garden gnomes that your community allows. Not FHA's concern.
  • Rental Property Investor · San Diego, CA · Member since 2013 · 3k+ posts · 4k+ votes
    9y
    There is no FHA police. Go nuts man. FHA loans are intended to be for where you live. Our monster pig sized government hasn't banned roomate's (yet)
  • Investor · Lancaster, PA · Member since 2017 · 38 posts · 5 votes
    9y

    Thank you both, appreciate it!

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