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Updated over 9 years ago on . Most recent reply

Shawn Munoz's profile image
Shawn Munoz's profile image
Shawn Munoz
  • from Vineland, New Jersey
  • Member since Jan 29, 2016

User Stats

42
Posts
6
Votes
Shawn Munoz's profile image
Shawn Munoz's profile image
Shawn Munoz
  • from Vineland, New Jersey
  • Member since Jan 29, 2016
Shawn Munoz
  • Vineland, NJ
6
Votes |
42
Posts
General Real Estate Investing

Moving out and renting

Shawn Munoz
  • Vineland, NJ
Posted
Is there a penalty for moving out and renting your property in a short time frame? Let's say I purchase a duplex using an FHA. I tell them I am going to live in one side and rent out the other. Then a week after closing I decide to leave and rent out both sides. Is that wrong?
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