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.
Foreclosures
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 8 years ago on . Most recent reply

User Stats

91
Posts
21
Votes
Edgar Perez
  • Kenosha, WI
21
Votes |
91
Posts

2 owners on an owner occupied HUD

Edgar Perez
  • Kenosha, WI
Posted

Hello BP,

I am interested in purchasing a HUD Duplex property that is being offered to first time home buyers first. I am looking to partner with a family member (dad) on the deal and am wondering if we both put our names on the deed, do both of us have to live on the property to be considered owner occupied. In my scenario I would live there and manage the duplex while my dad would be more hands off.

Additionally, my dad typically purchases his properties through his llc; would we still be able to partner using this method?

Thanks all.

Loading replies...