Ad #: 558720
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Expires: 10/23/2024
US : California > bakersfield
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What is wholesaling real estate
Viewed: 25 time(s)
Posted: 4/24/2024
Updated:
Expires: 10/23/2024
US : California > bakersfield
Nearby Cities
Zip:
Wholesaling real estate is a strategy commonly used in the real estate industry. It involves an individual or company acting as a middleman, finding distressed or undervalued properties and securing them under contract at a discounted price. The wholesaler then assigns or sells the contract to another investor for a higher price, thereby making a profit without actually owning or rehabilitating the property. Wholesaling requires strong negotiation skills, market knowledge, and the ability to identify lucrative opportunities. It can be an attractive option for those looking to enter the real estate market with limited capital or experience.
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