Wholesaling houses is a real estate investment strategy where an individual, known as a wholesaler, acts as an intermediary between a motivated seller and a potential buyer. The wholesaler identifies distressed or undervalued properties and contracts to purchase them from the seller at a discounted price. Instead of actually buying and rehabbing the property themselves, the wholesaler then assigns or sells their purchase contract to an interested buyer for a higher price.
Posted on 03/15/24
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