Wholesaling higher end homes

[Andrew Nesbitt]

It seems like most wholesalers are focused on wholesaling homes between $50k to $200k. Is there anyone out there doing higher end homes, like $500k to $2 million? I was wondering if the numbers are different for higher priced homes? Like instead of having to offer 60-70% of ARV minus repairs/carrying costs, can people use different formulas for the higher priced homes? Like 80% of ARV- carrying costs/repairs? Or would that be too hard to sell to a rehabber?