Question for Wholesalers

[Jay Whitfield]

Why would I get involved with a deal and you don't have the money to pay for the property if the contract expires. Is there anyone making money from wholesaling, who are getting homes under contract with no money out of pocket?

Jay

[Christopher Salazar]

Yes, I am. That's essentially what wholesaling is. The very good wholesalers and IMO every one should do this, is to have the money to buy the property as an exit strategy so they never have to back out of a deal and lose their credibility. 

I'm not sure what you mean by asking why you'd get involved. Do you mean that  you are trying to buy property to flip through a wholesaler? Or sell to a wholesaler who would assign it to another investor? Please elaborate.