The gradual repayment of a loan through scheduled payments.

The estimated value of a property after it has been renovated.

The increase in value of a property over time.

A provision in a contract that allows for the assignment of the contract to another party.

A legal agreement between the wholesaler and the seller that allows the wholesaler to assign the contract to another buyer.

The legal transfer of rights and obligations from the wholesaler to the end buyer, typically executed through an assignment agreement.

The transfer of the wholesaler's interest in a property or contract to another party, typically executed through an assignment agreement.

The fee charged by the wholesaler for assigning the contract to the end buyer.

A document provided to the end buyer disclosing the amount of the assignment fee paid to the wholesaler for assigning the contract.

A type of temporary sign placed in high-traffic areas to attract potential sellers or buyers, often used by wholesalers to generate leads.

An individual who scouts for potential real estate deals and passes them on to wholesalers in exchange for a finder's fee.

A licensed real estate professional who facilitates transactions between buyers and sellers.

Profits earned from the sale of a property or investment.

An investor who purchases properties with cash, allowing for quicker transactions and greater flexibility.

The net income generated by a rental property after deducting expenses such as mortgage payments, taxes, and maintenance.

A financial assessment of a property's potential income and expenses to determine its profitability as a rental or wholesale investment.

A neutral third party, such as a title company or attorney, responsible for facilitating the closing process and ensuring that all legal and financial requirements are met.

Fees associated with finalizing a real estate transaction, including title insurance, appraisal fees, and attorney fees.

A document provided to the buyer and seller prior to closing that outlines the final terms of the transaction, including the purchase price, closing costs, and any adjustments.

The timeframe from contract acceptance to the final closing date, which can vary depending on the terms of the agreement and any contingencies.

Similar properties in the same area that have recently sold, used to determine the market value of a property.

A provision in a contract that specifies certain conditions that must be met for the contract to be binding, such as inspection or financing contingencies.

An offer to purchase a property that is contingent upon certain conditions being met, such as the wholesaler finding an end buyer or securing financing.

The decrease in value of a property over time, typically due to wear and tear.

A marketing strategy involving the distribution of promotional materials, such as postcards or letters, to targeted individuals or households to generate leads.

A property that is in poor condition or facing financial difficulties, making it a potential target for wholesale deals.

A real estate transaction where the wholesaler purchases the property from the seller and sells it to the end buyer on the same day.

The initial payment made by a buyer toward the purchase of a property, typically expressed as a percentage of the purchase price.

The process of researching and evaluating a property to assess its potential value and risks before making an investment.

A specified timeframe during which the buyer has the opportunity to conduct inspections, review documents, and perform other necessary investigations before finalizing the purchase of the property.

A deposit made by the buyer to demonstrate their intention to purchase the property, often required in wholesaling contracts.

A neutral third party that holds funds and documents during a real estate transaction until all conditions are met.

An account held by a neutral third party, such as a title company, to hold funds and documents during a real estate transaction until all conditions are met and the transaction is closed.

The difference between the current market value of a property and the outstanding mortgage balance.

A real estate investment strategy involving purchasing properties below market value, renovating them, and selling them for a profit.

The legal process by which a lender repossesses a property due to non-payment of the mortgage.

A private individual or company that provides short-term loans secured by real estate, often used by wholesalers and investors for quick financing.

A short-term loan secured by real estate, typically provided by private investors or companies, and used by wholesalers to finance property acquisitions.

An evaluation of a property's condition conducted by a licensed inspector before purchase.

A group of investors and real estate professionals who collaborate to share leads, resources, and expertise in wholesaling real estate.

A legal agreement between two or more parties to collaborate on a real estate investment project, sharing the risks, costs, and profits.

A legally binding contract between a landlord and tenant outlining the terms and conditions of a rental property.

A real estate transaction where the buyer leases the property with an option to purchase it at a later date, providing flexibility and potential upside for both parties.

A targeted strategy to attract potential buyers or sellers, often involving direct mail, online advertising, and networking.

A loan used to finance the purchase of real estate, secured by the property itself.

An investor or end buyer who is actively seeking properties to purchase and is willing to move quickly on potential deals.

A seller who is eager to sell their property quickly, often due to financial distress or other personal reasons.

The amount of profit remaining after deducting all expenses and fees associated with the wholesale transaction, including the purchase price, closing costs, and assignment fee.

A legal contract between the wholesaler and the seller or buyer that prohibits the disclosure of confidential information related to the transaction.

A legal agreement that grants the buyer the option to purchase the property within a specified timeframe at a predetermined price, often used in wholesale transactions to secure a property before finding an end buyer.

An evaluation of a property's condition conducted by a licensed inspector to identify any potential issues or repairs needed.

A detailed report prepared by a licensed inspector outlining the condition of the property and identifying any issues or repairs needed.

The oversight and administration of rental properties on behalf of the owner, including tenant relations, maintenance, and rent collection.

A legal contract outlining the terms and conditions of a property sale between the buyer and seller.

A legal contract between the wholesaler and the seller outlining the terms and conditions of the property sale, including the purchase price and closing date.

The agreed-upon amount that the end buyer will pay to acquire the property from the wholesaler.

An organized group of investors who pool their resources to collectively invest in real estate properties, including wholesale opportunities.

A company that owns, operates, or finances income-producing real estate, typically traded on major stock exchanges.

A property that is in good condition and ready for rental occupancy, often marketed by wholesalers to landlords and investors seeking rental properties.

An assessment of the cost of repairs or renovations needed to bring a property up to market standards, used to determine the potential profit margin in a wholesale deal.

A financing arrangement where the seller provides a loan to the buyer to facilitate the purchase of the property, often used in creative wholesale deals.

A real estate transaction in which the lender agrees to accept less than the full amount owed on the mortgage to facilitate the sale of the property.

A real estate transaction where the buyer assumes responsibility for the existing mortgage on the property, typically used in creative financing strategies.

The process of evaluating potential tenants for a rental property, including credit checks, background checks, and rental history verification.

A company that specializes in handling the title transfer and closing process for real estate transactions, ensuring that the property has a clear title and facilitating the transfer of ownership.

Insurance that protects the buyer and lender against any defects or claims on the title of the property, providing assurance of clear ownership.

An examination of public records to verify the ownership and legal status of a property, ensuring there are no liens or encumbrances.

The legal process of transferring ownership of a property from the seller to the buyer, typically completed at the closing table with the assistance of a title company or attorney.

A fully renovated or refurbished property that is ready for immediate occupancy or rental, often sold to investors by wholesalers as a hassle-free investment opportunity.

The process of assessing the creditworthiness and risk associated with a mortgage loan application.

A real estate investment strategy where the wholesaler contracts a property with the seller and then assigns the contract to an end buyer for a fee.

A database of investors and buyers who are actively seeking wholesale real estate deals, compiled and maintained by wholesalers to facilitate transactions.

A legally binding agreement between the wholesaler and the seller that outlines the terms and conditions of the wholesale transaction, including the purchase price, assignment fee, and closing date.

A plan devised by the wholesaler to sell or assign the contract to an end buyer, maximizing profit and minimizing risk in the wholesale transaction.

The profit earned by the wholesaler from assigning or double closing a property.

The niche market within real estate investing focused on acquiring and selling properties at wholesale prices for a profit.

The estimated value of a property in its current condition, based on comparable sales and market trends, used to determine the wholesale price.