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Foreclosures

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Bikram Sodhi
  • Jersey City, NJ
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Looking into HUD foreclosure

Bikram Sodhi
  • Jersey City, NJ
Posted Sep 26 2019, 10:36

I am looking into buying a HUD foreclosure as owner occupied but am not sure if I want to live in it long term or even even short term. How strict/serious is if I don't end up living in it and start renting it out?

I’m also curious about this question in general l when applying for a loan as first time home buyer/owner occupied but not living in the house.

Does anyone have any experience/advice with this?

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