@Alec York you will find quite a few on here that have less than positive things to say about wholesalers. I on the other hand believe there is a space for wholesaling if you do it right. The biggest issue is that wholesalers tie up properties with 0 intention on closing and most don’t have the funds to actually do the deal begin with. So a couple thoughts.

You need to first under stand what goes into a rehab and be able to calculate a pretty close scope of work otherwise you'll struggle flipping to investors. Second, you need to be an expert with ARV's in the market your going to work. If you can master those two things your off to a great start.

Lastly, don’t get greedy!!!!! If you wholesale, don’t ever believe you deserve as much profit as the flipper who’s actually taking the risk. Make your slice of the profit and leave plenty on the bone for the investor.

Be honest to the homeowner as to what your doing as I’ve seen many go bad when the wholesaler has been less than honest. And, as soon as you get one bad rap for being a slime ball with investors, they will spread that quickly.

My real advice, if you want to do something good for your family, learn real estate and become a real investor!! That’s how you build wealth. Very few wholesalers will build long term wealth for their family.

Good luck to you

that and simply take a pre license course so you at least learn the vocabulary and interact with those of a like mind.. wholesaling is by far the most difficult thing to do in real estate to make money.. and to really make money at it.. its like any other business you need start up capital. its NOT a no money business.. flipping contracts with small deposits seems like no money .. but to get the leads and close the deals you need money to live on.. you need marketing money and so on and so forth.. your really acting as a real estate agent just unlicnesed.. so wont go into the legalities of it. but as someone who has owned numerous brokerages over the years and had hundreds of agents come and go working for us.. First thing you tell a new agent is you need 1 year of living expenses in the bank and you need marketing money.. With those two things.. then it just comes down to how persistent you are can you self start.. do you have ANY sales chops.. etc etc.

If everyone who says they are a wholesaler or wants to wholesale in a given market.. there would simply be not enough inventory to even remotely go around.. wholesale houses are a tiny fraction of the market.. compared to agents or investors who actually buy they can look at the whole market and work with that.. wholesalers are GENERALLY only looking for that beat up screaming deal.. So drive down a block maybe one potential home in 50.. but 49 of those could be potential listings. ????