Wholesaling A House With A Mortgage - Numbers?

[Ray Hernandez]

I've been looking into wholesaling the past couple of days since I may tie up a lot of my capital in other deals and I'll probably get pretty bored doing nothing. So now I came across one question that I still don't understand after looking into it.

How does wholesaling a house with a mortgage work?

I can understand better if I see some numbers as an example, I'm a little slow lol.

Can anyone provide a random scenario that includes all the numbers? Remaining mortgage, arv, how much the seller wants, repairs, etc. If I can see how it works I'd likely understand.

Much appreciated!