Wholesaling real estate in Florida has become a hot trend and for good reasons. With strong home values, a steady flow of motivated sellers, and high buyer demand, Florida is a great place for real estate investors to grow income without owning property. Some of the top wholesalers in Florida earn up to $63,000 per year. And with home prices climbing and the market staying strong, 2025 is a promising time to jump in.
Why Florida?
Florida is more than just sunshine and beaches. It’s a top destination for people relocating from around the country. That steady demand makes it ideal for wholesaling.
There’s also no shortage of distressed properties. Many homes are facing foreclosure or auction or are already bank-owned. These situations open the door for smart wholesalers to connect motivated sellers with eager buyers, earning a fee in the process.
How Wholesaling Works
Wholesaling means finding a property, getting it under contract at a low price, and assigning that contract to an investor for a profit. You’re not buying the house; you’re flipping the deal.
You can earn through either:
- Assignment of Contract: You pass the contract to a buyer and collect a fee.
- Double Closing: You briefly buy the home yourself and sell it quickly to an investor.
Pros of Wholesaling in Florida
- Low Entry Costs: You don’t need thousands in the bank to start.
- Quick Profits: Assignment fees range from $2,000 to $20,000 per deal.
- Growing Market: With many motivated sellers and interested investors, deals move fast.
Challenges to Watch for:
- Tight Timelines: You’ll need to find buyers fast once you have a property under contract.
- Legal Know-How: You should understand Florida’s real estate laws, and working with a real estate attorney is highly recommended.
- Finding the Right Properties: Not every home is a good wholesale deal. Focus on distressed or undervalued homes in high-demand areas.
Transactional Funding for Wholesaling in Florida
If you plan to use the double closing method, you’ll need quick, short-term financing. That’s where transactional funding comes in. It allows you to temporarily buy the property without using your own cash and then sell it to your end buyer the same day.
Companies like DoubleClose.com offer this kind of funding and specialize in helping Florida wholesalers move fast without delays or red tape.
7 Steps to Get Started
- Learn the Market: Understand local laws and trends.
- Build a Buyer List: Network with investors, rehabbers, and rental property owners.
- Find Motivated Sellers: Use tools like MLS, social media, and direct mail.
- Run the Numbers: Know your comps and calculate potential profit.
- Write the Contract: Include inspection contingencies and clear timelines.
- Assign or Double Close: Choose the method that suits your deal.
- Close the Deal: Get paid and repeat the process!
Final Thoughts
Wholesaling real estate in Florida can be a powerful way to build wealth without owning property. With the right knowledge, a strong network, and access to the right transactional funding companies, you can take advantage of this fast-paced market and build a steady income stream.
If you’re serious about getting started, take the time to learn, build relationships, and stay focused. Your first successful deal could be just around the corner!