What is Real Estate Wholesaling?

Real Estate wholesaling involves finding a property at a bargained or discounted price and putting the property under contract.  In turn, you can either assign the contract or re-sell the property to an investor buyer.

Wholesaling real estate is a simple way a newcomer to real estate can successfully make money with no bank financing, very little money and no repairs or updates.

A wholesaler focuses on developing two things. Finding deals and their network of investors to sell to.
Wholesale real estate is important for many reasons. Some people are unable to afford a home unless they get the house for a low price, and that sometimes means relying on foreclosed homes. Many investors also buy these homes and sell them for profit or rent them out as a long term investment. Even though the real-estate market fluctuates, real estate is still always a good investment.