You do not have to finance wholesale houses. Since you will only be holding the house for only a short time. In wholesaling you give the owner $10.00 for a 30 day option while you find a buyer. You then sell your option to another investor and assign the contract to them after they pay you your fee. Then the buyer and seller go to closing.
You do not have to finance wholesale houses. Since you will only be holding the house for only a short time. In wholesaling you give the owner $10.00 for a 30 day option while you find a buyer. You then sell your option to another investor and assign the contract to them after they pay you your fee. Then the buyer and seller go to closing.
thanks Michael - that was real helpful! I just ordered Legrands program and I'm sure i will learn more abt this from him!