Updated about 5 years ago on . Most recent reply
FHA occupancy requirements (house hacking)
A friend of mine is looking to start house hacking in Maryland. They have been approved for a loan but FHA and the banks have told them they as owners have to occupy 50% of the property. Has anyone heard this before?
They would like to purchase a 4plex and occupy one unit. Everything I have ever read never says anything about 50% occupancy.