Wholesaling HUD Houses Out of State
I've listened to a few interesting podcasts where the investor's business model is wholesaling HUD houses out of state. Would anyone be open to sharing their experience with this model? I'm actively rehabbing 10-12 houses a year here in CT but realize I could be setting up systems to capitalize on deals outside of my immediate area.
It sounds like they're picking a few different markets and hiring someone (VAs) to bid on dozens of properties at a certain percentage of list price. Would love to speak with someone who's actively using this "strategy".