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Updated about 12 years ago on . Most recent reply

User Stats

446
Posts
171
Votes
Glenn Espinosa
  • Rehabber
  • Alexandria, VA
171
Votes |
446
Posts

HUD Home to flip down the road

Glenn Espinosa
  • Rehabber
  • Alexandria, VA
Posted

I want to buy a HUD home under my LLC to serve as my primary residence and to flip 12-24 months down the road.

In August I will need to move up north about 2 hours due to military orders. I will be living in this house half the time as I will be commuting down every 2-3 days.

Will buying under my LLC send off red flags to HUD personnel? Again, I will be owner occupying this for at least the 12 months required in the HUD contract.

Thanks

Glenn

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