Wholesaling
Wholesalers typically make smaller profits but buy and sell properties in large quantities. They may buy 50 homes at a time from a bank and then sell them for a small markup to move them quickly and do it again.
A more common wholesale approach among creative real estate investors is to secure properties with no money down and do a "quick flip". Typically the property, or owner must be distressed in some way for the deal to make sense.
Wholesalers work on some sort of distress either by the owner or the property. Distress can come in many way such a s divorce, job relocation, unemployment, severe damage to the property etc... Once a propery is gained at a significant discount the buyer quickly sells at markup of the buying price. Typical amounts range from $5,000-$15,000
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