Updated about 9 years ago on . Most recent reply
Advice needed for first HUD Foreclosure viewing & Offer
I am an experienced landlord with conventional SFR's in my area heading out for my first HUD foreclosure walk through. Offers due by midnight tonight, sold "as-is". I have read the rule of offering 70% of the ARV minus repairs. Does anyone have advice on offering higher or lower than this range for HUD houses? Any other advice or clues to look for beyond a normal walk through and a normal bid? Advice on making the strongest offer besides "cash"? Thanks!