What is meant for wholesale real estate?

Wholesale real estate is a form of investment that offers fast returns but entails significant risk. A real estate wholesaler discovers a cheap house to make a bid on and then sells it to another bidder whilst the property is under negotiation. In this manner, the real estate wholesaler never owns or pays for the land. That’s analogous to the concept of flipping homes, in which the buyer finds a cheap home, fixes it up, and quickly sells it for a profit. On the other hand, the real estate wholesaler preferably never takes ownership of the house and spends no money in making any improvements to the home.