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visit re I ACE.com. Here's Matt.

So now let's talk about virtual wholesaling today. Hot topic. Everybody wants to be a virtual

wholesaler and so let's just get everybody on the same page. What is

wholesaling? Because we don't talk about it actually that much on this show. I'm

much more of a buy-and and hold guy. I like wholesaling

as an exit strategy, but there are plenty of people in the Epic community, REI ACE clients that are making

their whole business out of just this strategy and they're making a ton of money doing it.

So what is wholesaling?

Wholesailing is you get a deal under contract, you get a property under contract for a low

price and you sell it to somebody else quickly before you ever take ownership at a low price.

So basically the strategy you're selling low, excuse me, you're buying low and you're selling low.

It's a little bit higher than what you bought it at, but it's not sucking

all of the equity out of the deal because your typical buyer on the other end is going to be

an investor themselves, so you've got to leave a little bit of meat on the bone, and the more meat you

leave on the bone typically the more meat you leave on the bone

...