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Updated almost 10 years ago on . Most recent reply
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wholesaling HUD homes?
hello bp, I have a contact here in Illinois and northwest Indiana who comes I'm contact with HUD homes on a daily basis. They work for the bank to upkeep homes that have foreclosed or whatever the case may be.
With that being said, I have eyes on homes that just hit the market again.
My questions:
1. Is it possible to wholesale HUD homes
2. If so, please explain the process so I can get started.
3. Are there any investors in Illinois or Indiana that want to get in contact with me? Whether to help or to do business with me.
Thanks in advance,
Austin
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@Cierra Seay Yes, I've heard of that but looked into it. It can be a little costly to setup and I've been told by a few different attorney's that it's not the best thing to do - so, I've just stuck with my way.
Also, by buying so many in the same name from HUD, I get a good status with the asset managers - which can help ones chances of getting an accepted offer.