Could someone explain the wholesale process?

[Jason Bratter]

Hey BP,

I want to start out wholesaling but yet when I go and try to research more about it I am always coming across that you have to find a deal, find a buyer, and collect your profit. No one wants to explain what happens behind closed doors. I understand that you need documents and one of them is the sale agreement but is there anything else? I have heard that you need to find a title company, have a real estate attorney present and other things but I want to know what you actually need when you sit down with the seller and buyer. Also no one has explained how you actually make a profit. How do you charge your buyer? Is there a certain percentage of the property's sale price or can you just make up a reasonable offer? All I ever hear is the basic process but never what happens and what is needed behind closed doors. I hope someone can shed some light on this topic for me as I am eager to start. 

Thank you!

Jason