Whats going on with current HUD inventory?
Im a new real estate agent, one thing I was considering doing with my license was bidding on HUD properties in my states and wholesaling them. I hadnt kept up much on it or the HUD homes site. There was a lot of homes on there before but now theres not too much, I dont think there is 1 HUD home in my county at the moment.
I guess most of the distressed proeprties out there went away; REOs, shortsales, foreclosures etc. HUD takes over FHA foreclosures it thinks can be more profitable to them by selling it themselves if I remember correctly.
Has this boat sailed?