HUD Investing

[Nathan Gruetzmacher]

Hello everyone,

I am currently looking at a HUD home on hudhomestore and I have some questions about what I should look out for when I move towards bidding. It seems to have been listed for a few months, and the price has been lowered many times throughout that term. The market value of the home is roughly $160,000, and hudhomestore now has it listed for $128,000. I am meeting with an agent next week to view the property. It looks to be in pretty great shape. I'm skeptical going into this just because this will be my first ever home buy, let alone HUD investment. I wish to make it a rental. What are some things I really need to consider going forward!?

Thanks,

Nathan