Are there limitations to the number of HUD Homes that an investor can purchase?

An Investor Buyer is a buyer who will not occupy the HUD Real Estate Owned (REO) Property as their Principal Residence.
HUD does not limit the number of HUD REO properties an investor can purchase.  However, Investors may only bid on properties available during the Extended Listing Period.
To search for HUD REO Properties currently available to investor buyers:
  • Click on the state in the U.S. Map or select the state from the “State” drop down menu and select search;
  • Select “investor” in the “Buyer Type” drop down menu.

For policy information see Handbook 4000.1 at

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.

Topic Number: KA-03217