Can you wholesale properties in Bankruptcy?

Can you wholesale properties in Bankruptcy?

Real Estate Investor · Houston, TX · Member since 2013 · 15 posts · 6 votes

Hi Guys!

I've ran across some leads that have a tax filing of bankruptcy. I started reading on line about them and learned that investors can purchase them. Apparently you have to deal with a trustee. My question though is can they be wholesaled? Has any wholesaler worked with a trustee and sold the property to an end buyer in Texas?

Thanks guys.

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  • Real Estate Broker · Orange, CA · Member since 2008 · 380 posts · 87 votes
    12y

    1. The trustee will ask a broker for a opinion of value in BK case from the start.

    2. If the trustee has the property sold it will probably be listed with a agent for highest and best offer.

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