Can I rent out a bedroom with an FHA loan?

Many individuals who own an FHA home wish to rent out a bedroom at some point or another. If this is the case with you, you should know that you can do it, but some restrictions will apply. First of all, you have to move into the property within 60 days of purchasing it with an FHA loan. You will then need to live in the property for at least one year before you can begin renting out any portion of it. After living in the property for one year, you are free to continue living there while renting out one of the bedrooms.

For more info, read Can You Rent an FHA Home?
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