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Updated about 6 years ago on . Most recent reply

User Stats

13
Posts
1
Votes
Levi Fleming
  • Investor
  • Allen, TX
1
Votes |
13
Posts

FHA Loan for Investment Property

Levi Fleming
  • Investor
  • Allen, TX
Posted

Can I use an FHA Loan to buy a multi-family as owner-occupied but only live in one of the units on weekends? Please let me know your experiences or provide any insight on this. Thanks

Most Popular Reply

User Stats

13
Posts
1
Votes
Levi Fleming
  • Investor
  • Allen, TX
1
Votes |
13
Posts
Levi Fleming
  • Investor
  • Allen, TX
Replied

Hi @Jerry Padilla, thank you for your response. I asked this question because I have read of scenarios where people purchased duplexes using FHA but only lived at the property for roughly 50% of the time while renting out the other unit. Thanks for clarifying.

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