HUD Homes 101: What Every Real Estate Investor Needs To Know – Part 2

Welcome to Part 2 of HUD Homes 101: What Every Real Estate Investor Needs To Know

In Part 1, we went over what exactly HUD homes are, how they’re located, the bidding process and the importance of the Proof of Funds letter. (By the way, those POF letters are provided in my REI Trifecta program, click here to check it out and start generating your own verifiable proof of funds letters now!)

In part 2, you’ll learn about the inspection period, gaining access to the property, closing the deal (so you can get paid), as well as must-know

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7 Step Guide to Making an Offer On a House

In this article I’m going to look at making offers on houses that are owned by private sellers – as opposed to bank sellers.

One of the biggest issues investors have when doing deals is with the process of making an offer on a house.

They are taught to add contingencies or “weasel clauses” when they make an offer, like “subject to partner’s approval”.

However, I have a strong difference of opinion…

You see… if you put yourself in the seller’s shoes, you can easily understand why contingencies in a contract don’t make sense.

Let’s think about it…

If you

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