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Real estate wholesaling is a strategy where an investor (the wholesaler) identifies and contracts a property at a lower price and then assigns or sells the contract to another investor (the buyer) at a slightly higher price, making a profit in the process. Essentially, you act as a middleman, connecting motivated sellers with real estate investors. This method often requires less capital and risk compared to traditional real estate investing, making it an attractive option for those looking to enter the real estate market with limited resources.

No, you don't need a significant amount of money to start wholesaling real estate. One of the advantages of wholesaling is that it often requires minimal upfront capital. Your primary expenses may include marketing costs to find potential deals, earnest money deposits, and fees for legal and administrative tasks. However, compared to traditional real estate investments that involve purchasing and maintaining properties, wholesaling is a more cost-effective entry point. It's essential to have some funds available, but the financial barrier to entry is generally lower, making it accessible to a broader range of investors.