Land wholesaling (lot flipping)

[Carla Fears]

Evening,

I am getting my feet wet (or should I say dusty) in land wholesaling lot flipping.  I'm in one of the largest military areas and about an hour from Austin, one of the biggest real estate markets right now.  I was sent an off-market deal from a real estate agent and it is in the heart of Telsa "row".  A new spec builder that I partner with doesn't want the land b/c it doesn't fit his criteria but I hate to pass this up.  How would I go about wholesaling it?  Should I contact the agent and put it under contract and then look for a cash buyer or vise versa?