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Wholesaling

Wholesaling. Traditionally, wholesaling is a system of real estate investing in which a property goes from one investor to another.

In a typical wholesale deal, one investor purchases a property with hard money or cash, does minimal rehab work, and then sells the property at a below-market price to another investor, who also pays with hard money or cash.

An alternate method for wholesaling involves one investor entering into a contract to purchase a property and then assigning for a fee that contract to another investor. The second investor then purchases the property with hard money or cash. This type of wholesaling is also known as “bird-dogging.”

Wholesaling does not involve ultimate owner-occupants or traditional lender-financing.

At Harlan and Associates, we would love to be your Closing Attorneys in Atlanta. Want to know more? Contact us and we will be happy to discuss how we can be of service to you!