When a real estate ad reads investors property, are other eligible buyers permitted to obtain financing on these homes?
Usually this means there is a lease on the property that must be honored. You would not be able to move in because a renter has the right to live there until the lease has expired.
This is just the newest way for Realtors to try and sell homes. I would be very wary of anyone saying this is a good investment. Really, if it were so good why isn't the agent buying it and making the money? Can also mean that the house is trashed and it will require tons of money to get it livable. Run. That is my two cents worth.
