Has anyone wholesale $100 down payment properties?
What do you mean $100 down payment?
There are $100 down HUD homes where a qualified owner occupant can put down $100 for a property and receive FHA insured loan. So I'm wondering has anyone put 1 of these properties under contract for $100 to wholesale it.
Illegal.. you must purchase and live in it for one year then your free to move or sell or what have you
I'm doubting that HUD would use a contract that is assignable.