Wholesaling: Sign Away 50% Profit or Not?

[Grayson Loupas]

Just starting my wholesaling venture as an 18 year old, trying to begin investing and pay for college. I received an offer to be mentored by someone for wholesaling, but theres a downside. 50% profits will go to him in return for contracts he’ll write for any properties I get, and he will provide a buyer for every property. I will be under a two year contract with him where all my profits for 2 years go to him and I’m only looking to wholesale short term to build enough capital to begin flips and rentals. What should I do?