Buying a HUD Home as an investment

[Ben Kirchner]

I'll be completing the refinance process of a house I've done the buy, rehab, rent, refinance (BRRR) strategy on. With that money, I'm looking to roll that into another investment. I'm not coming across anything even close to renting at 1% of purchase price in North Carolina. I'm thinking of my options finding something on HUD Homestore as an investment purchase.

Have any investors here had success purchasing HUD Homes as an investment, rehabbing it, and renting for a good return? Any difficulties or things to consider with this strategy? I'll be looking in the state of North Carolina. Therefore, looking for a house in a good rental market would be my focus.

Thank you

Ben