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Buying & Selling Real Estate

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Karla Parraga
  • Bronx, NY
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10
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Work in NYC. Live in PA with and FHA

Karla Parraga
  • Bronx, NY
Posted Oct 24 2017, 06:39

Hello everyone,

I am currently working in NYC. I saw a couple of properties in Allentown, PA that I really like and the numbers work! I would like to use an FHA loan for a multifamily. The problem is that Allentown is about 2 hrs from NYC. I am willing to do the commute since I have relatives in NYC and I would be able to crash every here and there at their places. The question is, can I be approved for an owner-occupied FHA for a property that is 2 hrs away from work? Also, I am planning on getting my RE license in PA. Any recommendations? Is this doable?

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