@Mic SalvadorThis can vary widely depending on what market you in, how extensive the rehab is, and how you are financing. 

We are currently looking at a HUD home in Georgia - I have a couple of questions and can’t seem to find a definitive answer - The home is currently in the OO listing period - our plan would be to buy the home doing extensive renovations (the home is in a “Historical” area so renovations have to be approved) once completed we plan on living there full time - it could take ip to a year to complete or longer I don’t know  - as I see it the OO designation is to be the OO for a min of 12 months - is this after the home has been renovated or after you close on the home - though the house could probably technically be lived in now it does have some water and roof damage and needs complete redo of electrical and plumbing - for me to deem it safe - so not really livable by normal standards - but no way it would be livable in just a couple of months - any thoughts or an actual answer to the OO rules 

I work extensively with expats and they have had a lot of success investing in the US.

I have searched for this on the forums extensively and online, to the point where I've started building my own and writing the code myself.

Purchase price: $55,000 Cash invested: $110,000 Sale price: $205,000 This was a 1950 raised home that needed extensive foundation repairs as well as all plumbing, electrical and subflooring.

SpeedBanks: Can take weeks or even months to close a loan due to really extensive underwriting processes.Private Money Lenders: Close loans usually in days to weeks, which will make it best for time-sensitive deals like purchasing a property or rehabs.3.

I have a property under contract and need to know could I get an extension with HUD if I’m an investor?

I did extensive research on the market and based on purchase prices and rents in the area it seemed like a good investment.

Negative cash flow is difficult especially on more extensive tenant turn overs or when dealing with a PIA tenant.  

Or, I’d have to get an extension of the closing date, which kinda defeats the purpose/competitive edge of a cash offer.