My question is about FHA & HUD....?

This will not work, FHA requires you to personally live in the house. They are trying to increase ownership, not investor wallets. These programs are for primary residences only.

you'll be able to make this finished journey exciting. it fairly is exciting. FHA and HUD are the comparable. they don't own loan you any money. they simply promise the interior sight financial enterprise that the financial enterprise will lose 0 money on your guy or woman loan in case you do not pay the financial enterprise. The financial enterprise likes that. They lose not something. You pay right into a fund to disguise this. Like an coverage fund; yet not hearth coverage or dying coverage.... basically coverage for in case you do not pay the money. you % a activity; you % a sprint money interior the financial enterprise; you might have a 620 credits score. you may nicely be entering into your new abode in 30 days. /

to "work with them?" Specify. IF you have excellent credit and

tens of thousands of dollars for down payments, you are in business.

if you have near zero money, then try a different approach.

try offering a property management service--after getting

a RE license--or affiliate with a RE firm and skip the license.

[FHA and HUD are "only" insurers--i think you need to work

with the banks themselves that did the foreclosure[s.]