Image Credit: Cityfeet
Finding a property with the right things wrong with it, that make it possible for you to negotiate a low enough price with the seller, that you can turn around resell to a new buyer at a price they are still excited about, is the key to a profitable apartment wholesaling transaction.
While the property represents a problem to the seller, and is dragging them down in their life and/or business as long they still own it, at the same time it represents an opportunity for a new buyer with fresh capital to come in and restore the property to its full potential and capture the upside value.
The Apartment Wholesaler has a foot in both worlds and brings the two players together.
Negotiating a low enough price, or advantageous enough terms is the lynchpin to profitable deals. Check the posts below that outline key parts of this important piece of the puzzle: