Here are just a few gems of information that will get you on the winning path!
Wholesaling real estate is when a real estate wholesaler puts a distressed home under contract with the intent to assign that contract to another buyer. The wholesaler doesn’t plan on fixing up or selling the property. Instead, they market the home to potential buyers for a higher price than they have the property under contract for.
WHOLESALE REAL ESTATE
Wholesaling real estate is a very short term investing strategy. Some people confuse it with fixing and flipping, but there are key differences. Wholesaling real estate is beneficial if you want to get into real estate but don’t have a lot of cash, but downfalls can include confusion on its legality and complicated contracts.
Wholesaling is right for people who want to get into real estate but don’t have the financial means to do so. It is also good for people with an eye for distressed properties and strong negotiation skills.
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