What does it mean to wholesale property? It’s like anything else. Whatever sells at retail has already been bought for less by the item’s seller. When you find a property with equity, you can do one of three things. You can wholesale it for the quickest profit, rehab it and retail it if you have the means, or keep it as a rental if you like.

If there’s no equity and the seller is delinquent, a short sale can be done to create the equity you need to then choose your exit strategy of choice.

As an investor, a property must have equity or profit potential to be a viable deal.

We primarily wholesale property and I started doing it when I was only 27. It has helped me earn a great living and is a great way to fill in the gaps between income earned from rentals and rehabs.