There is an recent article I found in the New York times, “Program Will Pay Homeowners to Sell at a Loss.” In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.
Throughout a bull and bear market, there is always one real estate investment strategy that has always worked for me, wholesaling. It is certainly not without its share of challenges but done effectively, it can provide you with a very nice return without the risks and responsibility of taking title. So how does wholesaling compare with other investment strategies? We discuss the pros and cons.