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Nathan Payne runs a real estate wholesaling business. Being a real estate broker this business model always seemed intriguing to me. I never knew what the term was until a "wholesaler" had a deal that I was interested in being a part of and he was going to take a $105,000 wholesale fee. Thanks in large part to a mentor/partner (who is a flipping genius) for funding the deal we were successful in closing out this flip profitability. Pound for pound, the person with the least amount of risk in the transaction compared to their take-home was the wholesaler. Ever since this transaction, I have been very curious about exactly what a wholesaler does and their business model.
By Preston WalstonNathan Payne runs a real estate wholesaling business. Being a real estate broker this business model always seemed intriguing to me. I never knew what the term was until a "wholesaler" had a deal that I was interested in being a part of and he was going to take a $105,000 wholesale fee. Thanks in large part to a mentor/partner (who is a flipping genius) for funding the deal we were successful in closing out this flip profitability. Pound for pound, the person with the least amount of risk in the transaction compared to their take-home was the wholesaler. Ever since this transaction, I have been very curious about exactly what a wholesaler does and their business model.