Can you please clarify for me the following question? I'm looking into possibly using an FHA Loan to purchase a 4 Unit Investment out of state. I understand should I purchase a 4-unit home I must reside in one unit to qualify for the loan. If this is the case, is it ok for me to live in my existing rental and use this unit in the 4-plex as a part time home? Thanks for your feedback! -James
This previous post should answer some of your questions.
@James R aduna to use FHA financing this would need to be your primary home
Thanks Frank and Melvin for your input.