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Wholesale real estate, also known as wholesale property or wholesaling, refers to a strategy in the real estate industry where investors facilitate the transfer of property ownership without actively participating in its rehabilitation or long-term management.
In this process, a wholesaler identifies distressed or undervalued properties and enters into a contract to purchase them at a discounted price. The wholesaler then assigns the contract to another buyer, typically an investor, for a higher price, profiting from the price difference.
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