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All Forum Posts by: Randy King

Randy King has started 18 posts and replied 84 times.

Foreclosures

Post: HUD Fix&Flip

Randy KingPosted
  • Investor
  • Madison, AL
  • Posts 93
  • Votes 28

Just closed a HUD fix and flip yesterday. Held for 4 mo. and purchaser put a FHA loan on it. I think with a new FHA loan there is a 3 mo. seasoning period.

0 Votes
Questions About BiggerPockets & Official Site Announcements

Post: How do I @someonesname in a post?

Randy KingPosted
  • Investor
  • Madison, AL
  • Posts 93
  • Votes 28

Dumb question... How do I @someonesname in a post? Does this notify the person that I have linked them to a post? Thanks.

0 Votes
Foreclosures

Post: HUD and taking title in Land Trust

Randy KingPosted
  • Investor
  • Madison, AL
  • Posts 93
  • Votes 28

How do you submit a HUD bid if you want to take title in a land trust. I have an LLC to be trustree. Who is purchaser, ABC LLC as Trustree? And what suporting docs will HUD want? Thanks all!!

0 Votes
Foreclosures

Post: Bidding on HUD properties

Randy KingPosted
  • Investor
  • Madison, AL
  • Posts 93
  • Votes 28

Are there any limits on the number of HUD investor bids that can be placed on any day, week, etc. On one day I accepted a counter from HUD and placed 2 more bids. The counter was accepted the next day, however the 2 bids were not countered, which I thought was odd. Does anybody have any experience or insight?

0 Votes