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 almost 6 years ago,

User Stats

29
Posts
7
Votes
Oscar Martins
  • Rehabber
  • Syracuse, NY
7
Votes |
29
Posts

Owner-occupied and the township

Oscar Martins
  • Rehabber
  • Syracuse, NY
Posted

I have been purchasing houses in cash for the last fifteen years in the same town. I purchase the property, pull all permits in my name and as owner-occupied. You can't do any of the work unless you are going to reside there. Some houses I live in for one year, others three to four. When I apply for a C of O to sell the house, the inspector always asks me why am I moving. The town never specifically states how long I have to live there for. It seems like flipping is frowned upon in the town which I don't really understand while there are foreclosures falling apart and reducing the value of the next door neighbors home. I know for HUD, you must live there for twelve months. How should I go about getting this information since the town won't tell me.

Loading replies...