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Updated over 8 years ago on . Most recent reply

Kyle Gregg's profile image
Kyle Gregg's profile image
Kyle Gregg
  • from Baltimore, Maryland
  • Member since Jan 19, 2015

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Kyle Gregg's profile image
Kyle Gregg's profile image
Kyle Gregg
  • from Baltimore, Maryland
  • Member since Jan 19, 2015
Kyle Gregg
  • Baltimore, MD
82
Votes |
301
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General Landlording & Rental Properties

AirBnB possible with a 203k FHA loan while away travelling?

Kyle Gregg
  • Baltimore, MD
Posted

I will be travelling for 6 months and looking for someone to occupy my house while i am away. I found airBnB and thought this would be perfect. What are the rules/regulations regarding this? Can i let someone rent my house while i am away? all of my furniture and belongings will be in the house. I technically still do live there even if i am traveling...

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Upen Patel's profile image
Upen Patel's profile image
Upen Patel
  • Lender
  • from Nationwide Lender
  • Member since Jun 17, 2015

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Upen Patel's profile image
Upen Patel's profile image
Upen Patel
  • Lender
  • from Nationwide Lender
  • Member since Jun 17, 2015
Upen Patel
  • Lender
  • Nationwide Lender
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Upen Patel
  • Lender
  • Nationwide Lender
Replied
@Kyle Gregg There is no issue with you traveling for 6 months, as long as you don't rent the property out. Renting it when you have not OO the property for at least 1 yr is a violation of the FHA guidelines and the forms you signed when you got the loan.


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