Wholesaling
Contract properties below market value and assign the contract to end buyers (investors) for a fee — without ever owning the property.
How It Works
- Find a motivated seller with a below-market property
- Get the property under contract at a discount
- Find an investor buyer willing to pay more
- Assign your contract (or double-close) for a profit
Assignment Fee
The difference between your contract price and the buyer's price. Typical wholesale fees range from $5,000 to $20,000+ per deal.
Pros
- No capital needed (you don't buy the property)
- No credit requirements
- Quick turnaround (weeks, not months)
- Great way to learn the market
Cons
- Requires strong marketing and negotiation skills
- Income is active (not passive)
- Some states have licensing requirements
- Deal flow can be inconsistent