FHA / House Hack Question ?????

[Jason Tassinari]

Good morning everyone. I am a brand new rookie working my first deal.... (I can hear the roar of the crowd and thunderous round of applause lol :-) 

I am taking the path of least resistance by looking at house hacking a 4 unit property with an FHA .. HOWEVER! .. the unit is currently fully occupied. We all know that we are required to live in the house for 1 year when house hacking an FHA, but my question to you my trusty group of experts, is what happens when the property you are looking to buy is currently fully occupied?

Thanks,

[Rick Albert]

If the Sellers are tight on money, after you have released all contingencies, you can authorize the escrow officer to release your deposit to the Sellers early so they can use the money to buy out the tenant.