Different posts here mention the following, quite different, tactics:- bid 85% of reduced price (which means Net to HUD will be under 80%)- bid so that Net to HUD is 80%- 88% Net to HUD rule still applies after 1st reductionCould anyone share actual experience with successful bidding after 1st reduction?

Hey @Matthew Minner - I'm not a wholesaler myself...but I know plenty who wholesale successfully without a formal background in construction.

On Bigger Pockets, you can reach out to experienced real estate investors while getting deals done the right way.Congratulations and I wish you nothing but success.

Happy to help in any way I can.Congratulations and I wish you a ton of success, Andrew. 

Dad has had good success with 2 and 3 units properties. 

I'm completely open to the idea of having a location in an "up and coming" neighborhood, but at the same time want to be in an area that I'll enjoy living in on the weekends that's fairly walkable and will be able to commute to work (west suburbs) fairly easily.I've met many people whom have stated multi-units were the way to their success.

Adding another 13.000 families plus I don't know how many from indirectly related will just turn up the heat some more.Personally as an investor I am looking to position myself to be successful with or without Foxconn.

If you're interested in learning more, I wrote a whole book on the topic of how to be a successful real estate investor for the long term.

Feel free to PM me.Congratulations, Dustin, and I wish you a ton of success in your real estate investing career.

Partnerships have to work for both sides to be successful.