Updated about 5 years ago on . Most recent reply
Owner Occupied Multifamily Refinance
In short, my question is, if i refinance my owner occupant multi, do I need to occupy the unit for another year? We bought as owner occupant and have fullfilled our 1 year obligation and are looking to buy another property, but wish to refinance this first. So if we refinance as owner occupant (since we currently live here), once it closes can I move out the next day or do I need to occupy for another year?