Make the effort, Buy A HUD Home!
Sure it takes a little more effort to buy the HUD home, but it's worth it. Some of the reasoning for the procedure is to make it fair and balanced for everyone.
If we were looking at the humane society for the perfect pet, we would want to make sure that the pet in question went to the perfect owner. This is what HUD is trying to do. They want everyone to enjoy the right of homeownership however they want to make sure that you can afford it and you will take care of it for the foreseeable future. If you're an investor, they want to make sure you buy a sound investment, at a great price.
Are you up to the task? You might lose one or two homes that you bid on however if you persist you will win in the end. There are hoops you will jump through but in the long run the benefit will be yours.
Find yourself an agent who isn't afraid to find you a HUD home!
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