Fha duplex, laws and right thing to do
If I were to purchase a duplex fha 3.5 down would I necessarily have to live live there or could I say I do and rent out both units? I currently live in a home mortgage free.
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@Alfredo Franco only if you want to commit mortgage fraud. Unlikely you would get caught but if you do the penalties are up to $1 million dollar fine and 30 years in a property you can't sell later. Find your nearest federal pen.