HUD Home in Texas

[SheenaMichael Dillon]

Hi all! We have a question about HUD homes. I understand that you can't assign bank owned. I am seeing information that you have to hold it after close for 3 months? So I assume this means it wouldn't be a good wholesale deal?

Is it true that you have to hold for 3 months after close? 

I was under the impression that I could double close....

I am in Texas if that makes a difference. 

Thank you!