Frequently Asked Questions

Wholesale real estate is a strategy where an investor (the wholesaler) finds a motivated seller willing to sell below market value, puts the property under contract, and then assigns that contract to a cash buyer investor for a fee — without ever taking ownership of the property. The wholesaler profits from the difference between the contracted price and the price they sell the contract for.

Yes, wholesale real estate is legal in all 50 states when conducted properly. The key requirements are:

• Your purchase contract must include an assignability clause
• You must be transparent with all parties about your role
• Some states may require a real estate license for certain activities
• You must market your equitable interest in the contract, not the property itself

We recommend consulting a real estate attorney in your state for specific guidance.

Wholesale real estate has one of the lowest capital barriers of any investment strategy. You typically need:

• 00–WholeResell,000 for earnest money deposits
• wholeresell.com,000–,000 for marketing (direct mail, etc.)
• Budget for professional fees (attorney, title company)

Many investors start with as little as WholeResell,000–#2c3e50,000 total. However, having ,000–wholeresell.com0,000 in working capital is recommended for sustainable operations.

In most states, no — provided you are marketing your equitable interest in a contract and not acting as an agent representing others. Texas, Florida, and most other states allow contract assignment without a license. However, some states have specific requirements. Always verify with a licensed Texas real estate attorney before starting.

Joining our buyer's list is free and simple. Fill out the form on our homepage or contact page with your name, email, investment criteria (location, property type, budget), and preferred investment strategy. Once on the list, you'll receive deal alerts matching your criteria.

Every deal package we send includes:

• Full property address
• Interior and exterior photos
• Our asking price (wholesale price)
• After-Repair Value (ARV) with comparable sales
• Estimated repair costs (contractor walk-through recommended)
• Our assignment fee (clearly disclosed)
• Days remaining to close

Wholesale deals move fast — often 24–72 hours from when we send the deal alert to when it's under contract with a buyer. The best deals sell to the first qualified buyers who express interest. We recommend having your financing lined up (cash or hard money) and your investment criteria clearly defined so you can decide quickly when a deal matches your requirements.

Yes — and we strongly encourage it. While we provide our own repair estimates, buyers should always conduct an independent inspection. We provide an inspection period (typically 5–10 days) in which you can walk the property, bring your own contractor, and verify our estimates before finalizing the purchase.

Common financing options for wholesale buyers include:

• Cash: Fastest and most preferred by sellers
• Hard money loans: Asset-based loans from private lenders, typically close in 5–10 days
• Private money: Capital from private individuals at negotiated terms
• HELOC / home equity: Using equity in existing properties

Traditional bank/mortgage financing generally doesn't work for wholesale deals due to the speed requirements and property condition.

Yes. We purchase properties in any condition — fire damage, mold, structural issues, major repairs needed, hoarder situations, bad tenants in place. We never require sellers to make repairs or improvements before closing. Our cash offer accounts for the property's current condition.

Our cash offers are based on the property's After-Repair Value (ARV) — what the home would be worth after full renovation — minus our estimated renovation costs and our required profit margin. We use recent comparable sales in your neighborhood and condition assessments to arrive at a fair cash offer. We'll always explain how we calculated the number.

No commissions or hidden fees. When we buy your property directly, we pay our own closing costs. You receive the agreed cash amount at closing — nothing deducted. This is different from using a real estate agent, which typically costs sellers 5–6% of the sale price in commissions.

We can close in as little as 7 days if needed. Our typical closing timeline is 10–21 days from offer acceptance to funding. If you need more time, we can accommodate closing dates up to 60+ days as needed. We work on your schedule.

We operate statewide across Texas. Our primary markets include Dallas-Fort Worth, Houston, San Antonio, Austin, Fort Worth, El Paso, and surrounding metros. We also cover secondary Texas markets including Lubbock, Amarillo, Corpus Christi, Tyler, Waco, Midland, and others.

Texas offers excellent wholesale real estate conditions:

• Strong population growth (Dallas, Houston, Austin, San Antonio all growing rapidly)
• No state income tax attracts businesses and residents
• Landlord-friendly laws and favorable regulation
• Large and diverse inventory across price ranges
• Active investor community and liquid buyer pool
• Relatively affordable compared to coastal markets

In Texas, typical wholesale assignment fees range from ,000 to WholeResell5,000 per deal. Entry-level single-family deals often carry ,000–wholeresell.com2,000 fees. Higher-value properties and commercial deals can command WholeResell0,000–0,000+ assignment fees. Our fees are always disclosed upfront in the deal package — no surprises.