204k loan owner occupied?

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When obtaining a 203k rehab lawn how does the bank know you’re actually going to occupy it? Do they come and check?

I’m looking at a rental property purchase that is a short sale and requires cash only or a rehab loan. I only have about half of the available cash so am trying to explore options. My goal is to fix it up and cash out refi in 6mo and rent it...

@Sam Bromano Same rules apply as all FHA. I year occupancy. The risk you run is that if you plan to fraud the system and not make it you "primary" they can call the note and you owe the entire balance at once. FYI it's all in the forums and on the HUD website. I only answered cause I'm bored at work.