Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

42
Posts
17
Votes
Scott C.
  • Investor
  • Street, MD
17
Votes |
42
Posts

HomePath First Look, Investor buy?

Scott C.
  • Investor
  • Street, MD
Posted

Is there anyway for an investor to get around the HomePath First Look period and put an offer on the property?  The "First Look" period is supposed to be for owner occupants or people using public funds to purchase the property.  However, I have seen properties in the past be purchased during an owner occupant phase and then show up as a rental a couple months later so obviously an investor bought it.  Has anyone gotten around this or have any ideas?  

I don't want to do anything shady but I'm just curious to see if I'm missing a strategy out there.

Thanks in advance,

Scott

Most Popular Reply

User Stats

2,717
Posts
1,689
Votes
Crystal Smith
Pro Member
  • Real Estate Broker
  • Chicago, IL
1,689
Votes |
2,717
Posts
Crystal Smith
Pro Member
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied
Originally posted by @Scott C.:

Is there anyway for an investor to get around the HomePath First Look period and put an offer on the property?  The "First Look" period is supposed to be for owner occupants or people using public funds to purchase the property.  However, I have seen properties in the past be purchased during an owner occupant phase and then show up as a rental a couple months later so obviously an investor bought it.  Has anyone gotten around this or have any ideas?  

I don't want to do anything shady but I'm just curious to see if I'm missing a strategy out there.

Thanks in advance,

Scott

 We've bid on properties by supporting non-profits that used real estate as a tool to fund their operations.  Find a non-profit involved in real estate.

  • Crystal Smith
  • 3126817487
  • Loading replies...