HUD for sale (no investors)

[Jason Hardin]

I was browsing around my area just looking at houses for sale and I saw one that was a Bank/HUD owned home that needed some work but in the description it says only homeowner/occupants (no investors). How and why would they put that in there? If they want their money, why wouldn't they want to sell it to an investor?

How do they know I'm not going to buy it for myself or not? I have no intention of buying this home as I don't believe the price they want will be good enough to flip it but it just intrigued me as to why they wouldn't want any investors buying the home.

Thanks,

Jason