How to find Hud Deals
Looking to purchase a HUD for potential BRRR. I have had a difficult time getting in touch with the right people. I have also looked into acquiring a REO but have had little to no response from banks when I approach them about properties they own. I have tried the numbers listed for appropriate depts. and so forth with no luck. I have read that this can be typical. How do I get around these road blocks and talk to somone who makes deals for bank owned properties. Thank you for your input and advice--JT Aleman
Most Popular Reply
We are a HUD approved brokerage in Central Florida.
HUD posts new listings on Saturdays... we take all the listings and import them into a "regional" spreadsheet that lists them by county.
A network of investors copies the ones they want to bid onto another spreadsheet that we provide and add their bid amount. They return to me and I make bids on their behalf and track HUD's counterbid adjustment.