I am buying a home and its with an FHA loan. The monthly payments will be easy for me to pay but I think I can rent it out for way more then the mortgage payments. So I am thinking about renting it but under FHA loans its supposed to be owner occupied. Do they come and check up on you, will they ever even know or find out? What really can they do if I am making all the monthly payments?
Jan 082012
Posted by admin Tagged with: buying a home, company, decide, fha loan, fha loans, home, living, monthly payments, mortgage, mortgage company, mortgage payments, rent, renting, supposed
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