Getting FHA loan for 4unit. I’ll need to occupy 1unit. What happens to that mortgage once I buy a home?
I will be purchasing a 4 unit building using residential financing so I’ll need to occupy one of the units in order to qualify for this type of loan. I would like to purchase a single home in the next year and wanted to know how that would affect my loan of the 4 unit since I will have to move out of there.