Asked by Breezyb, Alexandria, VA • Tue May 11, 2010
I am buying a home using FHA financing and want to lease one or two rooms out to help with the monthly mortgage costs. I have already been approved for the loan and will be closing on the house the end of the month. I will be living there for at least three years (to take advantage of the $8k tax credit). I can make the payments myself, but it would be nice to have a little disposable income by renting out a room or two.
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