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Updated almost 8 years ago on . Most recent reply

User Stats

128
Posts
54
Votes
Huso Akaratovic
  • Flipper/Rehabber
  • Newport News, VA
54
Votes |
128
Posts

Purchasing HUD home as OO

Huso Akaratovic
  • Flipper/Rehabber
  • Newport News, VA
Posted
Greetings all, I am bidding on a HUD property as an Owner occupant. I am also monitoring another HUD property that I’m considering as an investment property, i need to wait a few more days before it opens up for the investors. My question is. Am I legally able to pull this off? Buy two properties in my name at the same time? Also, once you satisfy the 1 year requirement as OO. Can I buy another HUD property as OO immediately after that, or is there a cool of period? Thx everyone!

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