@Giovanni LunaYou're asking about to completely separate things.A HUD home is just a home that HUD foreclosed on that had an FHA mortgage.You have to bid on them on them at their HUD store. you need an agent that has HUD privileges to do so.

Here's the story:I am a real estate paralegal and as such, I have the privilege of witnessing the power real estate has to build wealth day in and day out.

Some agencies charge a LOT for the privilege of making money for the broker.  

And in order todo that you will ‘normally’ have to be signed up With a Broker’s office and be paying them a monthly fee for the privilege.

This is the unfortunate outcome of abusing a privilege.  

@Syrica Brown, it is a question for you and your accountant, after taking into consideration your ultimate plans, and your cost tolerance for creating LLCs, paying the privilege taxes on them, and hiring lawyers to file lawsuits. 

Remember, military member must have PCS orders or orders to deploy to exercise this privilege.

Hi Mary, the privilege tax for each city is now handled through the state of AZ.   

I'd love to pick the brains of local experts and I'd be happy to buy you dinner for the privilege.   

What if I was to tell you a deal was buying at .5% gross rents to purchase price combined with a 1:1 debt coverage (meaning all NOI went to pay mortgage) and for that privilege you had to remodel 100 C class units just to sniff 1% and only then hope to resell to the next sucker for .5% again.