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Updated about 7 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Levi Sheriff
  • Mason City, IA
1
Votes |
4
Posts

HUD House Foreclosures - Owner Occupant work around

Levi Sheriff
  • Mason City, IA
Posted

There is a HudHome for sale in my area.  It has 9 days until it is up for investors.  There has already been a number of investors through.  But no owner occupant bids yet.  I am fishing for ideas here, but is there any work-arounds that anyone has seen where an investor can get the property without actually taking residence but also not getting into trouble?

Most Popular Reply

Account Closed
  • Investor
  • Princeton, TX
1,080
Votes |
1,900
Posts
Account Closed
  • Investor
  • Princeton, TX
Replied

@Levi Sheriff   You are asking how to steal money from the federal government.  It does happen all the time.  I do not believe they have ever prosecuted anyone for doing it.  Of course, most people do not post on a public forum they are going to do it.

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