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Updated about 1 month ago on . Most recent reply

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Nneds Ubani
  • New to Real Estate
  • Houston, TX
0
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2
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Starting out wholesaling with little cash

Nneds Ubani
  • New to Real Estate
  • Houston, TX
Posted

Hello all! I’m a super eager wannabe real estate investor, my largest barrier is my lack of start up funding.
Lately I’ve been considering wholesaling as I’ve heard it’s sort of an easy, low-cost avenue for beginners. 

My question is: when wholesaling, after finding a great deal, do you need real proof of funds to the get the property under contact or is there a way to get it under contract, find a buyer and complete a double closing/assign the right to sell without actually having the cash for the property? 

Thanks!

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