K.M. Minemier & Associates is a certified Woman Owned Small Business (WOSB) engaged in full service real estate asset management and marketing.

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Investor Series – What is Wholesaling?

January 15, 2022

This is one of many articles we will be writing regarding investing in Real Estate.  Today we’ll be discussing a relatively new concept in Real Estate:  Wholesaling

The concept of wholesaling is simply to find a seller who is willing to sell at below market rates and get that property under control via a purchase agreement.  Then, find an investor who would like to acquire that same property at a higher price than you agreed to pay the original seller.   You assign your interest in the agreement for the difference.

For example, you find a seller willing to sell his vacant home that needs work for $50,000.  You then agree to pay this amount with a caveat that you can assign your interest.   You then market the home to investors for an asking price of $65,000.  You find an investor that is willing to pay this amount.  You simply collect $15,000 from the investor and then assign your interest in the agreement to him.  He then closes with the original seller later for $50,000.   The investor pays $65,000 total for the house ($15,000 to you and $50,000 to the seller).  You make $15,000 in the deal and never have to buy anything.


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