RE: Wholesaling a FSBO home?

[Tracye Bynum]

Hi, All
I know this may be a stupid question,
but I'm a newbie still, in the wholesaling game.

How do you wholesale a FSBO home?

Is the process simple, I talk with the seller, do my due dilligence
on the property, run comps, run the deal through the deal analyzer,
add my wholesale fee, make sure there is enough profit on the end
for the end buyer.

Is that about right?

Should I just tell the seller what my purpose is by wholesaling
their property, by helping net what they want to net from the
transaction.?

Can anyone simplify this process for a newbie?