HUD home buying input

[Nate Pucel]

I've learned a lot on here, so thought I'd give back with what I can regarding my recent HUD home purchase. Here's the details about me and the purchase.

Midwest

First HUD purchase

First investment property

Investor purchase

Initially listed at 50k

HUD lowered to 45

I offered 38, they countered saying 40 was lowest they'd accept and I resubmitted at 40 and they accepted. With fees to agents, HUD netted about 83%.

Hope this gives some insight into HUD's current accepted percentage from list rates!