Nathan Payne explains wholesaling: buy a property with minimal work, clean it up, take better photos, and resell it on the MLS. Most wholesalers use hard-money lenders or private investors to fund deals.
So you got a cash offer. Okay, that's one of the options for working with a seller. You have a wholesaling it. Wholesaling it, what that means, everybody, is you— it's like putting lipstick on a pig. You purchase the property, you sometimes don't even do anything to it. You just buy it and you relist it on the MLS and you actually own it. A lot of people, what they do is they buy it, they'll clean up the property, they'll do Yeah, just clean it, maybe hire a cleaning company and then they'll relist it with good pictures. That's wholesaling it. And that's when you actually buy it and own it. And how do you do that? Well, you get hard money, okay? You get private money, you borrow money, okay?
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
