Home Buying in 01503>Question Details

judysheart, Home Buyer in Azle, TX

Is it possible to rent our currently purchased condo instead of moving into ourselves?

Asked by judysheart, Azle, TX Mon Jun 24, 2013

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That is a good question for your lender, your real estate agent, and the condo board/association. Some loan types, including FHA loans, have owner occupancy requirements, so check with your lender. Some condo rules and bylaws don't allow for rentals, so check with them. And finally, check with your real estate agent if you have more questions.
0 votes Thank Flag Link Mon Jun 24, 2013
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