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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
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 […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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HomeForumsBuying & Selling Real EstateFHA with existing tenants on a lease
Andrew Duclos's profile image
Andrew Duclos's profile image
Andrew Duclos
  • from Boston, MA
  • Member since Dec 27, 2019
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Andrew Duclos's profile image
Andrew Duclos's profile image
Andrew Duclos
  • from Boston, MA
  • Member since Dec 27, 2019
Connect
Andrew Duclos
  • Boston, MA
1
Votes |
6
Posts
Buying & Selling Real Estate

FHA with existing tenants on a lease

Andrew Duclos
  • Boston, MA
Posted May 25 2020, 21:12

What is the process if you're looking to buy your first multi unit rental property using the FHA loan but there are existing tenants on a lease? I know with the FHA I would need to live at the property for a year but what if the tenant has a long-term agreement? Thanks!

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