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Updated over 11 years ago on . Most recent reply

User Stats

20
Posts
1
Votes
Sam Zdrum
  • Investor
  • Norcross, GA
1
Votes |
20
Posts

HUD home in GA ( Georgia)

Sam Zdrum
  • Investor
  • Norcross, GA
Posted

Found a few HUD home I wanted in Georgia, however, as an investor, I have to wait 30 days before I can place a bid cause first 30 days is reserved for non-investors. These homes usually get contracted before I even get a chance to place a bid.
Any advice from BP?

Secondary, my girlfriend does not own any properties and is willing to get contracted with these homes and then sell it to me after closing. Are we breaking any policies? Any advice will be great

Thank you all for your time.

Most Popular Reply

User Stats

2,879
Posts
1,353
Votes
Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
1,353
Votes |
2,879
Posts
Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
Replied

Sam Zdrum,
HUD allows flips, but only if you buy them as an investor.
As an owner occupant, at least one person on the Deed has to live there for a year.

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