Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

Account Closed
0
Votes |
2
Posts

What does a HUD property mean?

Account Closed
Posted

I'm just starting out, looking at various listings to get a feel for the market. I am looking at one 5-plex in which the description says the following: "...current ownership has a HUD-backed supportive agency included in the operations at the property. HUD (U.S. Department of Housing and Urban Development) has already set the Fair Market Rent values for 2018...." Does this mean that HUD sets the rent and has other requirements? And, are HUD buildings harder to sell? Are there other implications in investing in a HUD property?

Loading replies...