What is Real Estate Wholesaling?
Wholesaling real estate involves finding a property at a bargain price (or negotiating a discount), putting the property under contract and either assigning the contract or re-selling the property to an investor buyer. It especially refers to the unimproved resale of such discounted properties to the sort of buyers who either intend to fix and sell (rehabbers) or hold as a rental (landlords). Wholesaling real estate is in my experience the simplest and most elegant way a relative newcomer to real estate can successfully make money real estate investing with no bank financing, very little money and no repair hassles. Many newcomers to the house flipping business have found much to their dismay that supposedly simple paint and carpet repair jobs often turn into nightmares. If you intend to build wealth with rehab real estate or rental property investing, wholesaling provides the most useful and profitable real estate investment education. Below you will find information on various aspect