In comparison to HUD houses, wholesale houses are definitely a better option if you’re looking for high profits. If you are wondering how and why, then continue reading… HUD Homes—What are They? As compared to conventional loans, an FHA loan is easier to qualify for and acquire. It has a low down payment of barely … Read more
Are you interested in earning quick money through real estate wholesaling? Want to learn the process? Then, you have come to the right place. In today’s post, we’ll walk you through all the steps of wholesaling houses. Take a look: Wholesaling Houses: How It’s Done In order to get started with wholesaling properties, you first … Read more
If you’re looking for an avenue to make quick money and build your equity over time, then wholesale houses is your best option. This is a legit real estate investing strategy that helps new real estate investors enter the industry without any risk. But, more importantly, through this strategy, you can start making profits in … Read more
Yes, you can wholesale houses without a limited liability company (LLC). However, it is advisable to create an LLC and then wholesale houses. Many wholesalers, unfortunately, make the critical mistake of not creating or procrastinating on setting up an LLC. This often kills their potential returns and exposes them to a variety of risks along … Read more
The concept of wholesaling houses revolves around making money out of distressed properties. They are completely opposite of MLS (Multiple Listing Services) properties. MLS properties are retail properties that are sold to retail buyers through either cash or financing. Most often, these properties are sale and move-in ready. However, that’s not the case with distressed … Read more
New wholesalers often find it difficult to determine if they should wholesale houses with mortgages. If you are in a similar situation and don’t know what to do, then you have come to the right place. In today’s post, we will explain whether it is feasible or not. So, continue reading to get all the … Read more
If you have been told that it’s illegal to practice wholesaling without a license, you are in for a real surprise. Although wholesaling houses is legal, it can also be performed by unlicensed investors. The fact is that it doesn’t make a difference whether an investor is licensed or unlicensed and obtaining a license is … Read more
Real estate wholesaling is a controversial topic because of its legality issues. However, what makes it even more controversial is when realtors act as wholesalers. The truth of the matter is that wholesaling houses is a legal real estate investing strategy. Real estate agents can take advantage of it if they abide by the rules. … Read more
Did you know that real estate wholesaling is the easiest way to enter the industry right now? There are no capital, cash or credit score requirements. The best part is that you can make profits quickly. No wonder real estate wholesaling is skyrocketing in popularity. However, this growing popularity is now attracting more wholesalers, which … Read more
When dealing with real estate wholesaling, the first part of the process is to draw up a contract. This contract is also known as a ‘Purchase Agreement’ and is made between a motivated seller and a wholesaler. It gives the wholesaler the right to have control over selling the property. It also lays out the … Read more
Although property investment is an excellent way to build your equity, holding it can expose you to several risks. These risks may include vandalism, market swings and natural disasters like earthquakes and hurricanes. Needless to say, the everyday challenges related to property holding can take your time by keeping you tied and busy. As an … Read more
Are you new to the real estate industry? Do you have little or no investment capital? Then we’d advise you to opt for wholesaling houses over fix and flip properties. Although fix and flip houses offer high ROIs, the process requires a great deal of experience and patience. How is Wholesaling Houses Better Than Fix … Read more
‘Are wholesale houses better than foreclosures?’ is definitely a tricky question. It can’t be answered in a simple ‘yes’ or ‘no’. The reason is that foreclosures have their own pros and cons. Often, wholesalers tap into foreclosures to make money. In other words, wholesalers contract foreclosures and then wholesale them to cash buyers to take … Read more
Real estate wholesaling strategy may seem like a scam to many people for different reasons. For example, there is practically nothing to lose or any risk involved. Wholesalers can enter the market without making any investment. They can even benefit from this strategy, regardless of what their credit score may be. Since it sounds too … Read more
Wholesaling houses is one of the best and easiest ways to enter the real estate industry. This investment strategy doesn’t require any capital, investment or a good credit score either. Although it is a great way to get your foot in the housing sector door, it does require hard work. New wholesalers need to know … Read more
One of the best parts about real estate wholesaling is that you don’t need to make a huge capital investment. Since the property is contracted between the seller and the wholesaler, all you have to do is find a cash buyer. However, this needs to be done in a pre-decided time frame before the expiration … Read more
For those who are wondering whether wholesale houses are better than REO properties, then this post is must-read for you. In this post, we’ll help you evaluate both options so that you can make an informed investment decision. Wholesale Houses vs. REO Properties—How are They Different? Wholesale houses are distressed or undervalued properties owned by … Read more
If you’re considering dealing in wholesaling houses, then you need to target the right people. It is important to find potential property buyers fast before the contract with the home seller expires. In real estate wholesaling, it is critical to find cash buyers. This is because cash buyers are ready to purchase houses immediately without … Read more
Interested in earning through real estate, but don’t have the money to invest? Don’t want to deal with landlord related duties and hassle either? Then real estate wholesaling is the best choice for you. Real estate wholesaling is a short term business strategy that involves the selling of wholesale houses. If you want to know … Read more
“Should I flip wholesale houses?” This is one of the first questions people ask when thinking about doing short term real estate deals. There are pros and cons to wholesaling that should be considered before starting this type of business. Deciding between buying & flipping and wholesaling houses can be challenging because both can be … Read more