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The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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HomeForumsForeclosuresSimple FHA question
Kevin Colwell's profile image
Kevin Colwell's profile image
Kevin Colwell
  • Real Estate Investor
  • from South Portland, Maine
  • Member since Aug 7, 2008
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Kevin Colwell's profile image
Kevin Colwell's profile image
Kevin Colwell
  • Real Estate Investor
  • from South Portland, Maine
  • Member since Aug 7, 2008
Connect
Kevin Colwell
  • Real Estate Investor
  • South Portland, ME
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Foreclosures

Simple FHA question

Kevin Colwell
  • Real Estate Investor
  • South Portland, ME
Posted Aug 13 2008, 05:02

Hello,
I have a questions with regards to a multi-unit property that I am going to be purchasing with an FHA loan. Now it states in the loan that I have the intent on living in one of the units (which I plan to do). My question is how long do I have to live in one of the units before I can move out and not violate the contract? Thank you for your advice.
Regards,
Kevin

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