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Updated over 9 years ago on . Most recent reply

User Stats

43
Posts
2
Votes
Hunter Estess
  • Investor
  • New Orleans, LA
2
Votes |
43
Posts

FHA Loan and house hacking

Hunter Estess
  • Investor
  • New Orleans, LA
Posted
I am in the process of buying a property with an FHA loan. I originally was planning to live in the house, but I have since been transferred 1 hour away. I am still wanting to buy the house with the intent of moving back, but I am not sure how long that will take. Nonetheless, I would like to purchase the property and rent it out. Is this legal? I dont want to get in trouble nor lose the deal as it is a very good deal. Thanks in advance.

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