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Updated almost 10 years ago on . Most recent reply

User Stats

136
Posts
5
Votes
Mike Nelson
  • Investor
  • Miami, FL
5
Votes |
136
Posts

Who wholesales HUD homes? When do you start title work?

Mike Nelson
  • Investor
  • Miami, FL
Posted

I have bought a couple HUD homes as my last flips, and thought about wholesaling some if the opportunity presents itself. I was planning on checking the box for a 45 day close period on the contract, and in the event I find a buyer start the title and lien search at that point. If I cant find a buyer in the first week or two, then its probably not a deal, and I will be forced to lose my deposit. Does this process sync with other HUD wholesalers?

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