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Updated over 4 years ago on . Most recent reply

User Stats

50
Posts
11
Votes
Alexander George
  • Rental Property Investor
  • Greater NYC Areas, NY
11
Votes |
50
Posts

FHA while working out of town

Alexander George
  • Rental Property Investor
  • Greater NYC Areas, NY
Posted

Hello to the great BP community. 

Question - Would an individual be able to acquire a 3 family home in Central Massachusetts via FHA, occupying 1 unit as primary residence, renting the remaining 2, while working Monday-Friday in NYC, staying at a family member's apartment throughout the work week?

Eventual plans may be to acquire a new position closer to the new home (or work remotely with the current NYC job since it is in IT) -- but current work projects require the individual to be present at the office for at least the next 10 months. 

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