Wednesday, September 11, 2013

A Fast Way to Wholesale Properties

A Fast Way to Wholesale Properties, Before you can understand the technique, it is very important that one understands the basic concept of wholesaling. Wholesaling in simple terms is trying to find a good bargain. What that means is simply find a property that is cheap, put it up on contract for another investor to buy. This will ensure that you can a quick cash payout. Say for example you found a property that had a value of over $100,000. The seller that is selling the property is unknown of this fact and is selling the house of only $75,000. It would be ideal to go visit the house to see if it needed much work or not. Based on that it would be an idea to get the house on contract, fix up the place and put an add in the newspaper that would say something like