wholesale and hedge funds

[Dwayn Freier]

Has anyone wholesaled to hedge funds? I recently went to my local REIA and the speaker mentioned going to the court house on auction day and finding the buyers of the hedge funds to market properties to.

I would think this could be a good avenue for unloading houses that we would normally pass up, that is if the rumors are correct. I've heard that hedge funds are buying properties at up to 125% of the sales price and bidding the normal investor out of the game, can someone elaborate on this?