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URL	https://propertymob.com/blog/wholesale-real-estate/
Description	Wholesaling real estate is a short-term investment in property that doesn’t require a cash layout. All the wholesaler does, is facilitate the sale of a property to a third party after coming to an agreement with the seller. In other words, the wholesaler acts as a middleman between a seller and a property investor. The process works as follows. A wholesaler locates a distressed property priced below market value because it’s in a bad state of repair. The wholesaler then traces the homeowner and enters into an agreement to put the property under contract for a certain amount, say $90,000. The wholesaler doesn’t sell the property but finds a cash buyer or a real estate investor willing to buy the property at a higher price than the one agreed to with the seller.
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Add Time	2023-03-11 21:31:47
Category	Arts / Architecture / BuildingTypes

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