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Updated almost 7 years ago on . Most recent reply

User Stats

37
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1
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Joe Farrance
  • Cicero, NY
1
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37
Posts

HUD Homes for wholesaling or fix and flip

Joe Farrance
  • Cicero, NY
Posted

Hello still experimenting with this process of wholesaling and trying to find houses that would be a good fit for a local investor, so with that in mind I'm trying to find flipper uppers that will generate at least a 15% return for a flipper. So I started exploring the options of wholesaling HUD homes?

(1) Is this legal? 

(2) If I can do this why haven't I seen anything about this process

(3) Will this work much like a foreclosure auction where I need to find a investor before I go to the auction to have money in hand?

(4) Or are HUD homes simply a great way to fix and flip

Thank You for any feed back

  • Joe Farrance
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