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Updated almost 8 years ago,

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Fred Romero-Camacho
  • Bound Brook, NJ
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Wholesale HUD Homes In New Jersey

Fred Romero-Camacho
  • Bound Brook, NJ
Posted

Hope everyone is having a great day, I will jump right in as i am still pretty new to real estate investing. I found the best way for me to get started was by wholesaling properties. The strategy i have been working on is placing offers on hud homes and then wholesale the property, the issue that arose was that unfortunately for HUD homes you are not allowed to use assignments of contracts, i would have to do a "simultaneous close, also known as "Double close". I am located in New Jersey and as of right now i have not been able to find a title company that can help me close these deals. If anyone has any ideas how i could work around this it would be greatly appreciated, thanks in advance.

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