Time required to live in duplex prior to renting
Hello BP family !
My husband and I are looking to get started with our first property in 2020. We are looking to buy either a duplex or 4-plex and live in 1 of the units. But my question is how long are we require to live in a property prior to renting it out ? Will this require us to change our loan once we move out? I am assuming the length of time required will vary based on the loan, but is this something I can ask when acquiring about the loan ? I am trying to avoid doing anything illegal or “shady” in starting this process. Any information is greatly appreciated!