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How To Start A Real Estate Wholesaling Business
What Does Wholesaling Real Estate Mean?
There is no rewind or fast forward button that we can press on our lives. If we could, i’m sure the rewind button would probably get used the most. Imagine having everything in your life going in the right direction. You have a great job, a beautiful home and no looming debt.
One day unexpectedly, the fast forward button gets hit and you see an entire different picture. You’ve lost your job, bills are stacked to the ceiling and you’re about to go into pre foreclosure on your home.
What Does Wholesaling Real Estate Mean?
If you’re in the real estate world I’m sure you’ve heard the term wholesaling real estate. It has become popular over the last few years with many people creating successful businesses doing it. So what does wholesaling real estate mean?
Wholesaling real estate is the act of purchasing single family homes at a discounted price. After negotiating and getting a signed purchase agreement contract with the homeowner you assign the rights of that contract to a cash buyer for a fee. Most times…
