Do Real Estate Wholesalers Really Buy Homes For Cash?

Real estate wholesaling has become a popular strategy for investors looking to make quick profits in the housing market. A common claim among wholesalers is that they “buy homes for cash.” But is this true? The answer is more nuanced than it seems. While wholesalers do facilitate cash transactions, they typically do not purchase the properties themselves. Instead, they act as middlemen between home sellers and real estate investors.