HUD Rules?

Hey guys

What are the rules on "flipping" HUDS? I have one I want to pursue, but I dunno what I am getting myself into.
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Comments(2)

  • InActive_Account26th November, 2003

    That is a very braod question and can mean more than one thing. If you will take the time time to fill us in on what is going on some one will help you out.

  • kmontgom28th November, 2003

    DON'T try to fool the government by bidding during the homeowners time period. Wait for it to become available for bidding to investors. I know someone who tried it and ticked off a competing landlord, who saw his "For rent" sign and reported him. Now my friend is stuck with a house he can't rent or sell for 1 year (according to HUD) and is in a neighborhood that is not desirable to live in.

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