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Wholesaling real estate is a way to make money quickly without needing a lot of money or good credit. This involves wholesaling paper contracts, not actual houses, by getting a distressed property under contract to purchase on paper and then selling that contract to someone else before closing. This earns the wholesaler a finder's fee, which can range from $500 to $50,000. There is no risk involved if a transparent contingency is put in place to let the seller know that the wholesaler may not close on the property if a buyer cannot be found. This method is accessible to people with bad credit scores and has proven to be profitable for many.
Wholesaling real estate is a way to make money quickly without needing a lot of money or good credit