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General Landlording & Rental Properties

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Craig Fogarty
Pro Member
  • Rental Property Investor
  • Boston, MA
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Owner Occupant Clause

Craig Fogarty
Pro Member
  • Rental Property Investor
  • Boston, MA
Posted Jul 16 2020, 10:35

I’m considering making an offer on a single family occupied by renters. I’m using a 5% down conventional loan. They each rent a room inside the property and the owner is absent. They’ve been in the property for 5 years plus without issues to the landlord. Can I move into the vacant room inside the property and leave them in there without violating any owner occupancy clause? Thanks for your help in advance.

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