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Wholesaling Real Estate is usually a form of arbitrage. The wholesaler gets a property under contract and then markets the contract, not the property. It’s like saying, “I have a contract to buy this property for $100,000. I will sell this contract for $10,000.” An agreement is signed, the contract is amended with an Assignment Agreement. The new buyer closes escrow on the existing contract.

Click here for three steps to finding 20-30 wholesalers and two things to do with them when you have them.