@Joseph Robinson as far as I know, HUD does not allow assignable contracts, so you would have to buy the property and then resell, to wholesale a HUD property.

Unlike other vendors who just resell records, our process is a lot more complex which is simply taking a lot of time. 

I occasionally resell a house I buy to keep a little cash on hand. 

Or rehabbing it and reselling it to a retail buyer?

Hi, I was looking for some advice on buying forclosed homes and reselling the contracts.

And most are extremely run down, which is why you can get them cheap enough to resell them to a rehabber.And rural areas work for wholeselling.

so to be successful at this end of it means.. you need great contacts at your title company that will give you a lot of information and also do a date down literally on the phone with you.. you catch 97% of what needs to be caught but your still taking risk.you need to be able to prep your own docs.. you need to get the seller to a reputable notary  preferably at a title company your going to end up using to resell so they know the deed was not forged or coerced .. then you need CASH to either pay off the loan that day or reinstate it.. you need great relationships with the trustee's handling these you should be on first name basis with the person in charge of the file.. then you need courier service to run the cashiers checks ( in my instance from Portland to Seattle to NW trustee services). 

Can you sell homes as a reseller, with no strings attached?

Condos are plentiful, easy to fix, finance, and resell or rent.Riverside is decent price wise, it might seem overvalued but that is due to the fact OC and LA are ridiculously expensive and that trend is only going to continue as long as those markets are pricing people out.

We agreed to use his funds while I use my team (already local) to manage the rehabs and the re-selling of the properties we purchase..If you're experienced in this area, please give me some solid advice on how to go about this, I want to move now!!