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Real Estate Deal Analysis & Advice

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Pamela Holmes
  • Duluth, GA
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Wholesale on a HUD home

Pamela Holmes
  • Duluth, GA
Posted Nov 25 2014, 12:50

There is a HUD home for sale in a C area neighborhood. All brick, 4/2 1235 sq ft. for $41k; The ARV is $105k. The scenario is I want to wholesale this deal, but HUD is saying I have to close the property in my name, but I can sale it once I close.

How can this be done with an end buyer? I really don't want to use financing for this deal.

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