As a real estate wholesaler you have a few options put a contract on a house or purchase the house outright and sell it to a cash buyer. MLS listings will require proof of funds or a prequalification letter, which is why it may be hard for wholesalers to buy off the MLS. Many HUD or Bank Owned listings will not allow you assign the contract, which means you will have to purchase the home outright. If you are wholesaling because you don’t have money to buy an investment property, it may be tough to buy a home to wholesale off the MLS. If you are purchasing properties from off market sellers it may be easier just to get a home under contract. The seller of an off market property will not even require a prequal letter or proof of funds prior to signing a contract. Once you get a contract on the off market property you can assign the contract to another investor for a fee.
If you are looking to sell your contracted property fast always have a list of cashbuyers ready to buy. CashBuyerListings.com will always have the lates cash buyers in any neighborhood throughout the USA. FOr a 50% discount on signup fees and monthly costs uses the Promotional code “TimeToInvest”. Now get out there and sell that home.