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Updated over 6 years ago on . Most recent reply

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Antonius McBride
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Creative Real Estate Financing

House hacking a duplex

Antonius McBride
Posted

Is there a minimal amount of time in North Carolina you must stay in the property if you do a owner occupied loan on a duplex/multifamily property? For instance can I get into the property and move out a year later or do I have to stay in the property for a minimum of 3 years? Is there a penalty for moving out early?

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