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Updated about 5 years ago,
Can I wholesale a HUD home?
My offer was accepted on a HUD home but I was not able to secure financing for the flip as I have my money in another property that is going on the market in a couple of weeks. Hard money lenders are asking me for around $10k down to finance the house and repairs. I was thinking of offering the house wholesale to assign the contract but I am not sure I can do that on HUD homes. Any help or ideas? I am fairly new on my 3rd flip.