Updated over 6 years ago on . Most recent reply
50% Onsite Consultant - can I buy in another town on FHA?
Title says it. I’m considering taking a contract job that would have me working 50% onsite for 12 months. I’m wondering if I would be able to buy a house in the destination town *on fha loan* and meet the 1 year residency requirement? Would consider AirBnB on the weeks I’m not there to help cover mortgage and then probably convert to long term rental once contract ends. Thoughts? Can this be done?