HUD Apartment Foreclosure

cjmazur profile photo
Has anyone here had any success in this market?

The major issue I have seen is they are ancient property with tons of deferred maintenance that HUD require a LOC to be in place as part of the closing.

This ties in with wanting to be a HAP/section 8 landlord, and many are affordable properties.

Comments(0)

  • savana24th May, 2011
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    People around me who are into this work on getting succeeded but, somewhere I found that it is not that successful for us.

  • CarenKerr14th January, 2014
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    HUD homes are so varied that you can actually choose an apartment that has all the features that you want in a home. Aside from affordability, you can look an apartment which is in a good.

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