Submitting HUD bids in LLC and in personal name?

[Linda M.]

Has anyone submitted bids using their LLC name and their personal name? One would be a low bid that you know most likely wont get accepted. The other will be your normal bid that has a better chance of getting accepted. the lower bid will make the actual bid more appealing to HUD?

Would this work? Thoughts?

[Greg H.]

IMO this strategy has zero benefit and probably will have a negative benefit with HUD 'S aged inventory(Over +-60 days on the market)

Before the property is in the market 60+ days bids are evaluated by a computer so there is no benefit .

With the aged inventory some bids may be considered manually by the asset manager some multiple bids would some more activity on the property and therefore less likely to consider a lower bid