WHAT IS THIS BUSINESS? Real estate wholesaling means finding deeply discounted properties and selling your purchase contract to investors for a fee. You never own the property. Your profit comes from the spread between seller price and what a buyer will pay.

IS THIS BUSINESS RIGHT FOR YOU? This is for anyone who wants to earn $5,000 to $25,000 per deal without owning property, getting a mortgage, or doing renovations. You need $500 to $3,000 to start and the discipline to push through 4 to 6 months before your first deal closes. If you need income within 60 days, this is not the right fit.

WHY THIS BUSINESS Motivated sellers exist in every market every day. Divorce, foreclosure, inherited property, and job loss push homeowners to accept 60 to 85 percent of market value for a fast close. Investors actively need a steady source of discounted properties. Experienced wholesalers closing 2 to 4 deals monthly earn $120,000 to $400,000 per year with no property ownership required.

WHAT YOU'LL LEARN

• Find motivated sellers using direct mail, cold calling, and driving for dollars

• Analyze deals accurately using the 70 percent rule and repair formulas

• Build a list of 20 to 30 active cash buyers before you need to sell a deal

• Negotiate contracts, assign to investors, and manage closings in 45 days