Could wholesaling become extinct?
OK to start out with we all know that wholesaling is one of the easiest and less risky part of investing and that's why most beginners start here. Just the other day i over heard some news from CNN,Forbes,Wall street Journal,and one of my favorite real estate gurus Preston Ely, witch stated that numerous large corporations and ceo's have set aside billions of dolors to plan on buying up millions of foreclosed properties in very large bulk in one swoop across the US with in the next 12-24 months. That could be devastating to all the mom and pop investors! Distressed properties will become scarce and possibly cause a large amount of investors to go out of business. So could wholesaling become extinct? What do you think?