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Updated over 4 years ago on . Most recent reply

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14
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7
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Damien Anderson
7
Votes |
14
Posts

FHA occupancy requirements (house hacking)

Damien Anderson
Posted

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. 
  

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