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Updated over 1 year ago on . Most recent reply

Matthew Thomas's profile image
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Matthew Thomas
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Matthew Thomas's profile image
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Matthew Thomas
  • Member since Aug 15, 2022
Matthew Thomas
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General Real Estate Investing

HUD FHA question

Matthew Thomas
Posted

A house nearby came available.  Key requirement is it must be the primary residence.  

Can I keep my current home and move to the HUD location or do I have to sell before considering something like this?

thanks for your time and assistance 

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Greg H.
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  • from Austin, Texas
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Greg H.'s profile image
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Greg H.
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  • from Austin, Texas
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Greg H.
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Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

HUD has no requirements as far as the number of houses one owns when purchasing a HUD home. The requirement is that you must intend to occupy for 12 months and can only purchase one HUD home as an owner occupant every 2 years

  • Greg H.
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