I found the support (which they bragged about) to be nearly non-existent.  

Hi Bobby- just keep in mind that Hubzu is zero- inspection.Once you win the bid you will have to send a non-refundable deposit.Also, Hubzu normally keeps the reserve price fairly close to the listing price on MLS (maybe around 90% of MLS price).I recommend finding the number you are definitely comfortable with and then setting the auto-bid feature so you don't have to sit there bidding back and forth with other investors.

**This is where it really sucked, I could not refinance myself out of the property quickly enough and had to get a part time bartending job (14 months) to avoid penalty and payments. 3) Triplex - Owner financed w/ 10% down, cash cow (over 2% rule)4) SFH (non cash flowing) - owner occupied w/ 5% down and house hacked that w/ 2 other roommates off the bat. 5) 4 plex - 70k cash out refi from my Condo (2/2) and used it as a downpayment on this 4 plex, another cash cow (over 2% rule). 

You will hear people say that if you try to make a deal out of a non deal, your problem is not having enough leads.  

. $310 a month, single 53 year-old non-smoker, 6500 deductible.

FNMA and Freddie loans are non-recourse and typically allow borrowers to apply for a FNMA or Freddie “supplemental” loan (2nd trust deed) after the first year of the initial loan term, which is a feature that distinguishes the GSEs from CMBS lenders whose standard programs prohibit secondary financing.

If the tenant buyer can't get qualified within 3 years, then get a new one with another non-refundable deposit. 

With a self-directed IRA or 401(k), one can leverage with a mortgage, but the loan must be non-recourse - meaning no personal guarantee from you.  

From your post, it sounds like this is a non-owner occupied property.

Hi all. I'm pretty sure this hasn't been asked, but if it has feel free to link! I'm not a resident of the US, I have a single member LLC (Tennesee) that i want to buy section 8 properties under. My question is, as i ...