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Kris L.
  • San Antonio, TX
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FHA and intent to occupy requirement

Kris L.
  • San Antonio, TX
Posted May 17 2019, 11:03

So I had an idea and was interested if it is remotely feasible. Am considering using FHA loan to buy 4 plex but don't really want to live in it (unit too small for my family). I realize there is an intent to occupy clause and don't want to be dishonest on that, but is occupy the same as actually living there, or can I use it as an office/storage unit to meet that requirement?

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