HUD Homes Masterclass - Buy a House for $100 Down

[@Leeahtee]

At 3:55 he said he didn't know this information and he's worked in the RE industry for 10 years. That's why you have to be selective with your agents. 9 out of 10 I've interacted with were ignorant, lazy, shiftless, schemers and scammers. They make a difficult process even harder.

[@karifritz9493]

I was told by my hud worker that you have to have a minimum credit score of 580 AND id have to put up a minimum of $50/month into a fund thats specifically for "future" repairs. Id have to show proof when asked that ive been doing so. If I need to have a major repair done im supposed to use that fund 1st AND if its not enough I can apply or ask for my hud agencies help BUT they will only help IF they can because certain repairs have to qualify!? Im better off staying as a renter,. At least when something needs fixing its not coming out of a fund I can't even fathom having since its already impossible to save any money living paycheck to paycheck..hence the reason I'm a hud recipient. My rent is based on my income. Not my income plus an additional $50 to set aside

[@TreadstoneFunding]

Hi Kari! Thanks for watching. We would assume that they are talking to you about a different HUD program - there are many! This program we are talking about in the video above is a low down payment program for homes listed for sale at hudhomestore.com The program allows us to finance in all the repairs needed and doesn’t require anything like what you are outlining. If you are interested in exploring further feel free to reach out to us via our website and we can talk further.

[@singingdeniser1303]

Thank you for letting us know.

[@MaleahsDiary]

Excellent video

[@josegelpi7824]

Thanks for sharing this with me, Godbless you

[@timpsonsampson5042]

If anyone can find me a hud home in NYC or surroundings for $100. I will do 100 laps around Central Park

[@mariogarcia1528]

were are the hud home for sale .In California nothing?

[@levicodner9875]

At whst age can you get a mortgage on a HUD home

[@TreadstoneFunding]

18 is the minimum age for any home loan!

[@kg2mb1]

Treadstone Mortgage also does up state new York homes? couldn't see what states on the Treadstone Mortgage site..

[@TreadstoneFunding]

Hi! Unfortunately we are not licensed in New York, but you can see all of our state licenses here: neighborhoodloans.com/licensing/

[@lovely-mk4rt]

I was trying to to get a USDA loan ( first time buyer) and no bank and I’m serious, no bank does USDA loans on this island ( yes we’re part of 🇺🇸)

[@curtisthomas-eg4th]

HUD houses are cash only. I bought one and still live in it.

[@TreadstoneFunding]

We finance them all the time! Let us know if you want to buy another.

[@xKeifRx]

They *can* be difficult to finance *depending on your type of financing*, but definitely not all are cash only. And, many ways to skin that cash-only cat even when one is. Listed plenty of HUD homes, seen plenty of what I mention.

[@QueenOfPrinciple]

What if I want to get the renovation home ourchase loan for the HUD home? @@TreadstoneFunding

[@maryjyoung6572]

That's good... I need to find one in my area...

[@ellencook7347]

How do u do it I go thru hud. But don't kno any info about it

[@lovely-mk4rt]

I will try HUD

[@fredericaphonix6208]

What is that website again for the hud homes?

[@conniea4594]

What are the closing costs though?

[@TreadstoneFunding]

It will vary significantly based on the property, but you can ask HUD to pay up to 3% of closing costs which would make a significant dent in the costs. Feel free to reach out to us on any specific property and we can run numbers for you and look at getting you pre-approved!

[@uterpia]

Thank you.

[@wandajohnson6433]

What is the link

[@karlguntherfragstein4225]

Show me a HUD code home!!

[@rashidahali-k6h]

What about foreclosed condos. What are the rules e.g association fees.

[@TreadstoneFunding]

We can do HUD condos, no problem at all! They're actually relatively easy. As for the association fees, those are a separate fee from your mortgage payment and escrow, but are still included in the debt-to-income ratio calculations. That's about it!

[@wandajohnson6433]

What is page link

[@spiritualacts6357]

How this works with hud

[@NathanMoran-v7k]

Wilkinson Pine

[@MargaretKessler-s1d]

Greenholt Shores

[@wandajohnson6433]

Foreclosed

[@victorflorentino6212]

What’s the page link ?

[@TreadstoneFunding]

You can find HUD homes for sale at www.hudhomestore.gov/ or learn more about buying HUD homes here: www.1stclassmortgageservice.com/2023/06/10/how-to-buy-a-hud-home-with-100-down/

[@lovely-mk4rt]

@@TreadstoneFunding thank you!

[@BenthamVita-r1g]

Flatley Coves

[@PatriciaShirley-p8u]

Why does it cost to just look at his homes they want $1

[@DrydenBridget-l3f]

Weimann Estate

[@DoloresFoster-n6d]

5149 Jayson Brook

[@HoneyBerighthere-Saysarath]

$100 down. Plus 3%. And it's a loan??? Fk. Homeless does not help. No ID. Alright homeless and no shoes homeless. Basically they will loan you this small home for $100.

[@lovelylatonya9489]

The hud home has raised an they only selling them to people with big money . Not to the average joe