FHA On Small Multi-Family With a Stationary RV
Hello! I am new the website.
I’m currently reading the book on Rental Properties.
Since the requirement for FHA Loans is living "in" the property for a year.
I wanted to know if that requirement is also met by living “on” the property for a year.
For Example.
Say I have a Small Multifamily Duplex/Triplex and put a stationary RV in the hypothetical backyard. While I rehab the unit then finish out the rest of my year in said RV whilst renting out the units.
Would that satisfy the seasoning requirement.