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Updated almost 9 years ago,
Help clarify Wholesaling
Hello BP,
One of the things I struggle with is why people would want to wholesale their homes. I know that this answer would vary per market, but in a market such as Philadelphia, Pa. or New Jersey (certain areas within) homes are very hot and can be sold on the market quickly for more money than signing with a wholesaler.
Why would a person whether they're in need for money or "a motivated seller" decide to sell (wholesale) a property in a hot market or not in a hot market when they can put it on the market as a handyman special for more money?
This can be kind of a confusing thing to me, hopefully someone can help.
Thank you!