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Updated about 5 years ago on . Most recent reply

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308
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386
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Derrick Dill
  • Investor
  • Hawaiian Gardens, CA
386
Votes |
308
Posts

FHA owner occupancy with tenants in place already

Derrick Dill
  • Investor
  • Hawaiian Gardens, CA
Posted

I'm using an FHA loan to purchase a duplex property in California. The property has 2 tenants in place, with written leases that go until next year (2021). FHA guidelines give me 60 days to meet owner-occupancy (move-in). How can I meet FHA guidelines and owner-occupy one of the units? California tenant protections are strong and eviction will likely take at least 60 days+.

Any ideas?

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