Wholesaling contract assignment
Hello Biggerpockets community,
I am a young aspiring real estate investor. After many months of researching and learning i am ready to get off my butt and get in the field. Like many of you all i am interested in wholesaling.
Wholesaling is a concept I heard of before from real estate "gurus" who claimed it to be a no risk no money down oppertunity. Of course i knew this was too good to be true. Over the months i have been scouring the web for anything i could find on real estate investing. The question i have come up with is this: If i get a house on contract and cannot find a buyer who is willing to take my assignment what do i do?
With little to no capital of my own what would be some viable exit strategies in a situation that i have described?