Updated over 13 years ago on . Most recent reply
HUD home gray area...?
I have a quick question. Given this scenario, if one is trying to buy a HUD home as a future investment, pays all cash for it, but has another house that they live in, how many days of the week do they have to live there to qualify it as "owner/occupier" status.
Also, my next question would be what if it takes 12 months to remodel the place before they can live there? Does that count as the 12 months before they are free to rent it out?