Mark Ferguson
HUD bid period timelines
I keep seeing posts on the HUD timelines and a lot of people have different ideas of the bid periods.
HUD has the same bid periods in the entire country but they can vary according to property type.
1. FHA insured...
Josh Carter
Bidding War in Connecticut
First time flipper here, found a really good deal and am now in bidding war in Fairfield County Connecticut. I have come up with two numbers using the biggerpockets house flipping calculator. One with a 4 month hold...
David Mirza
bidding strategy for hubzu
There is a home that I'm interested in that's listed on Hubzu. I initially won the auction at $181k but after seeing the property decided it wasn't worth my bid and backed out. The house was re-listed and I was the ...
Yaakov Mirman
Bidding on a preforeclosure
Hi,I starting out and found my first possible deal. I'm just trying to understand how to move forward. Any thoughts are appreciated.I've recently found a house that has at least 3 years of tax liens. I contact the sel...
Heather Smith
Charging for a bid?
I am just a homeowner who needed a bid done on some very minor water damage in my master bathroom. I was given a name and number by a relative who said he does great work. I call him, he comes to my home, asses the...
Chyna Belin
Bidding on hud property
A home has been on the market for over 426 days, what percentage is best to bid to guarantee a win
JoAnna M.
bids on short sale
Hi. There were mulitple bids on the house we want (its a short sale) so the realtor asked for highest and best bids. We won. Bank accepted and paperwork went to lawyer. Realtor told others the highest bid and then on...
Paul B.
Bidding strategy on REO
I'm seeing some attractively priced REO deals, and I'm thinking about dipping my toe in the water. But that sort of leads me to my question: Are these attractive prices set so low that they bring in a large number of ...
Mary M.
HUD canceling my bid
Two days ago I put in an offer on a REO owned by HUD. My agent went to check on status of offer yesterday and said HUD had canceled my offer with no explanation. Can someone shed some light on why this may have been t...
Jason Davis
Bid on 1st house
Met with Realtor at the house today.
I put a bid on my 1st flip.
The house is owned by the City of Richmond. The ARV is $109-$129k.
My bid is for $30k. They had a bid at $25 and one for $27. My realtor spoke wit...