Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 over 4 years ago,

User Stats

127
Posts
54
Votes
Huso Akaratovic
  • Flipper/Rehabber
  • Newport News, VA
54
Votes |
127
Posts

Violation of HUD OWNER OCCUPANT rule.

Huso Akaratovic
  • Flipper/Rehabber
  • Newport News, VA
Posted
Greetings, This past summer I was monitoring a townhouse that was listed under HUD website that I wanted to purchase. Of course, as an honest person with integrity, I was following the HUD rules and did not bid during the owner occupant phase. I was waiting for the unit to be available for the investors to bid on it. Well, the unit never became available for the investors to bid on it... Apparently someone bought it as an owner occupant. The buyer closed on the property on August 22. Recently, I came across that unit and realized it was being rented out. This made me angry immediately. So, I reached to the person via Facebook market place and started asking questions as a potential tenant. Am I hallucinating, or did this person broke the HUD rules???? What do I do now? Thank you!

Loading replies...