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All Forum Posts by: Wai Cheng

Wai Cheng has started 2 posts and replied 5 times.

I just brought a rental house using a buyer agent. Today I saw another house I like that is FSBO, I like to buy it without agent to get a better deal. The agreement has a end date at the end of the year. However since I have already brought the house with agent, does the agreement still valid?


 

Okay, Thanks! I couldn't find anything talk about this, so I just posted here.  Just want to make sure I can rent it after I get the property.

I'm looking to get into rental and want to buy a single family house to rent out. I know that peak rental season is during summer, and most lease are one year long. Since summer is almost over, should I wait until spring to buy? So that I will have more people looking to rental when I have the property.

Post: Successful HUD Bidding Strategies

Wai ChengPosted
  • Posts 5
  • Votes 0

You guessed correct,  she  show me the list of stipulations. They are "HUD Guidelines 24 CFR 206.125".  So it's take it or leave it.

Post: Successful HUD Bidding Strategies

Wai ChengPosted
  • Posts 5
  • Votes 0

I know this is old post. I'm trying to bid for a hub home with the 88% rule. The agent come and said hub stipulation said  property cannot be sold below appraised value. is that something new?