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.
how are the mortgage companys making money now?
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