How does wholesaling work?

Question

I’m new to the game and would like some more info on how to get the money to start?

Thank you

Nick C. · Answer

Get a job?

You're going to have to earn some money to invest it, despite what the late night infomercials tell you.

Jaron Walling · Answer

You find a motivated seller < get property under contract at _____ price < find motivated investor buyer < sell contract to motivated investor at _____ price + a mark up < Repeat

Jim Pellerin · Answer

There are several ways to get started without any money. I did over 60 Lease Option deals without putting any of my own money in. You could also start with wholesaling or referrals or joint ventures.

Nathan Killebrew · Answer

You do not neccessarly need much cash. Maybe 300-1,000 for a security deposit.

I would pursue knowledge before trying to do a deal.  It seems you need learn a bit more about the various strategies. Do not short change education. It is important. Go to meet-ups and look for people in the game. All investors started with education.

How does wholesaling work?

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