What goes into wholesaling

[Nolan Gonzalez]

Wholesaling seems to be a popular form of real estate investing that YouTubers and others often say takes "no money". However, wouldn't your cash buyer want an inspection or appraisal before being interested in the property? Additionally, there's costs for a title company to do a title search on the home. From this, it seems to me you might be spending at least a grand to even interest a buyer. Hoping to get some feedback from Wholesalers who have some knowledge on what goes into a wholesale deal.

[Ismael Mathurin]

@Nolan Gonzalez

The most you'll probably spend money on is the EMD * Earnest Money Deposit* to lock in the contract with homeowner. and of course Gas lol if you're driving for dollar. My current deals right now, is not costing me any money. I have contract signed without any money down.

Like @Jamiel Strickland mentioned, your end buyer will pay for inspections and so on.