Wholesaling Split HUD ?

[Edwin Duran]

Hello,

I came across someone who said they were using a split HUD to close their deal? Wondering how it differentiates from a double close, or assighment etc, and how it works.

My other question is if the wholesaler of the deal have to put money down (apart from the marketing, finding deals, driving for dollars etc.), on the actual tying down of the contract or the process in general.

Thanks Guys!