What is wholesaling houses
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Posted: 5/17/2023
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Expires: 11/15/2023
US : Idaho > lewiston / clarkston
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Wholesaling houses is a real estate investment strategy where an individual or a company acts as an intermediary between motivated sellers and potential buyers. In this process, the wholesaler identifies distressed properties that are typically undervalued or in need of repairs. The wholesaler then negotiates a contract with the seller to purchase the property at a discounted price. Rather than closing on the property themselves, the wholesaler assigns or sells the contract to a buyer or another investor. The buyer, often a real estate investor, then completes the purchase, usually at a slightly higher price than the wholesaler's contracted price. Wholesaling houses allows investors to generate profits by leveraging their knowledge of the market and their ability to locate and negotiate favorable deals, without the need for substantial capital or credit.
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