Updated over 11 years ago on . Most recent reply
Can I live in the 20plex that I buy?
Not that i'd want my tenants to have 24 hour access to me by knowing I live in the building, but financially it might make sense to live in the building that you are trying to either rehab or improve on vacancies until its cashflowing like its supposed to.
But for some reason I heard somewhere that you cant live in a building that you buy using a commercial mortgage. I'm having difficulty finding info on the internet to verify that that is true..
Any truth in that?
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Matthew Paul
#2 Contractors Contributor
#2 Contractors Contributor
- Severna Park, MD
As long as you meet all the requirements as a tenant and pay the rent , you should be able to . Question would then be how do you evict yourself ?