Although
wholesaling real estate can done by banks to move
distressed properties off
their books, this video &
article is about a more typical type of wholesaling
where one
investor gets a home or property under
contract, than re-assigns the right to purchase
that
property to another investor for a fee.
Wholesaling is really a win - win deal for all
parties involved, the seller moves his property,
the
wholesaler will make typically 5K - 1OK for his
efforts & the end investor that ends
up purchasing
the property gets the type of property he is
comfortable with & typically 25%
or more under
market value.
