Homepath Owner Occupied Buyer First Look question

2 Replies

If I buy a 2 bedroom property during this period and make this my primary residency, can I have a roommate and charge them rent or will that raise any red flags? Or what if I were to airbnb one of the rooms? Are people who get in trouble just those who don't make the property their primary residence at all?

It says I need to move in within 60 days. The unit is a rehab and will take longer than that to renovate. Is that going to be a problem? In the mean time I would have to have another place as my residence. 

What happens if I have another place that's my vacation house but don't claim that as my primary residence. Can I own or live in other properties part time as well?

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