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Updated over 7 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Saint Paul, Minnesota
  • Member since Oct 16, 2016
Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Saint Paul, Minnesota
  • Member since Oct 16, 2016
Account Closed
  • Saint Paul, MN
0
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4
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Private Lending & Conventional Mortgage Advice

Question about FHA financing

Account Closed
  • Saint Paul, MN
Posted

I have a question regarding FHA loans. If I was to buy a duplex and wanted FHA financing to get the property for 3.5% down, Am allowed to rent out the additional bedrooms while I live in that particular unit? I would plan charge a lower rent to the tenants in my unit until I move out after the 1st year.

Thanks in advance BP members!

- Derek

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