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Updated over 17 years ago,
Why a HUD?
Can someone explain to me the pros and cons of trying to rehab HUDs for resales or rentals as opposed to the traditional means of searching for distressed sellers to get you a discount?
These are listed and open to most bidders like it would on MLS except it's a HUD database of houses. So the competition for these houses in my mind should be the same.
Am I missing something here?