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Updated about 6 years ago on . Most recent reply

User Stats

71
Posts
18
Votes
Daniel Jewell
  • Flipper/Rehabber
  • Warrenton, VA
18
Votes |
71
Posts

Government programs contracts such as HUD FHA Loans

Daniel Jewell
  • Flipper/Rehabber
  • Warrenton, VA
Posted

I bought a house in Rochelle Virginia. it's tax assessed value is 145, I bought it for a 120. there's no up-to-date comps but the neighborhood is nice and other properties are worth between 190 and 210.

I bought the house from HUD and had to sign a contract to live in it for the next year. I'm almost done adding value or as much as I can but it's 67 miles away from my day job. I'm trying to figure out a way that I can sell the home without any big repercussions does. anybody have any experience with these kinds of things?? Or ideas?

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