Updated over 7 years ago on . Most recent reply
Whats the catch? Purchasing HUD Foreclosed homes
So on HUDForeclosure.com you can purchase a functioning/decent house that could be instantly rented for $85K in a class B neighborhood with a market value of $172K that rents for $1500.
What am I missing here? There are many deals similar to this. If it's too good to be true it usually is.