HUD Home Q&A

What is a HUD Home?
A HUD Home may be a single-family house, a townhome, condominium or other type of residence. The properties were deeded to HUD/FHA by mortgage companies who had foreclosed on FHA-...

Hello!
I am looking to house hack a single family home through Coliving and renting out bedrooms.I took a course on this and one of the main strategies pushed is using seller concessions towards renovations of a prop...

We've been sending out allot of direct mail to possible leads in our area and constantly looking for more. We have given a few offers, but haven't been able to land any deals. We need to stay motivated. Any advice on ...

I have identified a few preforeclosures in my area and would love to make a cash offer to the owners.  What is the best way to do this?  Walk up and knock on the door (might be tenants and not homeowners?).  Send a le...

I was inform by my PM that a tenant is moving out an not renewing their lease. Fine I stated, they performed the checkout check list with PM. The tenant left a lot of trash but no major damage. This was completed on T...

I'm a new investor and recently purchased a duplex in Indiana, with the intention of investing in a second property relatively soon. My partner and I are using the IN property for short and medium term rentals and it'...

Hello! Excited that we are getting our feet wet with a multi-family in East Cleveland for BRRR.  Looking for a lender for rehab and/or refinance in the area.Any recommendations for lenders that consider small projects...

Good afternoon,I've been reading Profit First by Mike Michalowicz and am going to set up the system just like the book tells you to do. I was wondering if anyone of you have tried this and how has it treated you? How ...

Hi, all,

My closing date has been extended to the 29th of September as my buyers buyer is shy 10K on their loan.

I had two offers, and chose the second offer because she was supposed to be a CASH sale.

This is not ...

I'm kind of out of the loop on the REO scene since I bought my two properties in January and haven't made any offers since.

I've been told recently by someone that there are bidding wars on Fannie Mae properties now...