Buying Wholesale Properties

First, what is wholesaling? The short of it is buying houses and then selling houses "as-is" to another buyer. Usually, the buyer is another investor that is going to flip the house to rent or resell it.

When you're wholesaling it is important to do this correctly.  There IS a legal and illegal way to wholesale!  You want to make sure you're doing it right.  One of the ways that you can legally wholesale is to get your broker's license.  The other way to legally wholesale is to completely buy the property and simply resell it. 

While profits may not be as big as other real estate investing business models, even if you only wholesale you can make a very comfortable income! An average of $5,000 to $10,000 per deal is not uncommon and you can do a couple of these every month.