Wholesale Deal

[Robert Yuhanick]

Hi, folks. I am almost complete with what I call my first "intentional" wholesale deal (my first one was me picking up land with one intention and ended up wholesaling after the deal fell through). The deal I found was on the MLS and picked it up for $16k. I recieved transactional funding for $1895. Closing on my end cost me $240. At the time of my sale, my buyer is buying the house for $20,000. The house's ARV is approximately $65,000. What would you guys do differently? Other than the MLS thing- I'm working on that.

Thanks,
Rob