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Updated over 1 year ago on . Most recent reply

If I Assume an FHA Loan do I have to live in the property?
Hi everyone,
I'm new to Real Estate investing and wanted to know: If I buy a property that has an assumable FHA loan, do I have to live in the property if I assume the loan?
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Ryan Thomson
#1 House Hacking Contributor
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- Colorado Springs, CO
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@Michael Gordon Yes. You have to intend to move in within 60 days and intend to occupy it as your primary residence for a year.
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