On the contrary, the wholesaler needs no capital and takes next to no risk, other than his time. Instead of managing a rehab, his responsibility is to recurrently tie up houses and then flip those contracts to other investors that want to do the rehab.
So, the next time you have a property under agreement that you are thinking of rehabbing-to-retail, maybe you may want to take into account wholesaling it for a decent fee and at once setting out to find another arrangement.
As you can comprehend, wholesaling can be a awfully good deal for the investor who has the time and the links to get it done. I must also point out that while I have inferred that wholesaling is for younger investors, the reality is that it can work incredibly well for any investor prepared to allocate the time to scouting for deals.
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