Can we move out the tenants after house hacking for 1 year?

Question

Can we stop renting our house hacked property after one year if we want it wholly for personal use?

Jonathan Greene · Answer

1. It depends on their lease and when it is up. If you have a year lease with them, you usually need to give them 60-day notice to vacate.

2. Your loan may be dependent on the income you are getting from the other side. That could only have been for approval and you may be fine if you make the payments, but it's something you would want to check on.

Conner Olsen · Answer

There's no rule that you HAVE to have it rented out. Just like you can have an investment property that's vacant. It might hinder your ability to purchase more homes down the road. All depends on your goals!

Can we move out the tenants after house hacking for 1 year?

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