What Is A Wholesale Real Estate Contract?
Author:
Laura GariepyApr 26, 2024
•8-minute read
If you want to break into real estate investing but you’re short on cash, becoming a wholesaler could be a lucrative option for you. With some know-how and luck, you can turn quick profits without spending any money. But, before you get too excited, you’ll need to understand how a wholesale real estate contract works – including the potential risks.
What Is A Wholesale Real Estate Contract?
A wholesale real estate contract is a short-term investment strategy where the wholesaler hopes to make their money within 30 days. Though wholesale real estate laws vary by state, the process always involves the wholesaler acting as the go-between between a home’s seller and an end buyer.