Updated about 12 years ago on . Most recent reply
clarification on OO for a duplex
Hello BP nation!!
On a OO duplex (primary residence), using conventional loan 30yr w/ 5% down, if I were to live on one side, would I be able to rent out the other side right away w/o violating any occupancy/due on sale clauses?
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Bill Gulley
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
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And renting for a term of less than 3 years does not violate the due on sale clause :)