How to tell if you are being scammed by an Wholesaler?????

[Murray Reginald]

Hi BP,

I've recently connected with some Wholesalers to purchase under market properties (70%-75% ) that I could BRRRR however, I was wondering what type of precautions if any should I take when doing transaction with wholesalers, should I sign a contract and should I pay a down payment? The contract states the down payment is NOT contingent on anything beyond the conveyance of clear and marketable title to the property. I am not trying to bash anyone or think that wholesalers are crooks, I just know that there is always some type of scam in anything where there is $$$$$$, and to invest large amounts of money is nerve recking!!!