NEED some advice and Help on first wholesale deal PLEASE

[Jordan Rodick]

Hey guys, so I'm a wholesaler and I am very close to being able to close my first wholesale deal so as you know I'm extremely excited to get this deal closed as fast and smooth as possible. I have a property in Chicago almost under contract (just waiting on the final verbal consent from the sellers agent) I was fortunate enough to able to get a great deal on it and Looking at other homes sold just streets away within the past 6 months, there are homes almost identical to mine that were purchased for 105 and was renovated and sold between 230-295. Obviously there is some awesome money to be made for both myself and the buyer but that is where my questions and concerns come to play...

This being the furthest that i have been able to make it and the closest that I've came to closing my first deal. I have been very stressed out because i DO NOT want to mess something up or do anything in the wrong order. I am really wondering what my next steps need to be in order to get things done correctly. I have called and spoke with an attorney in IL and he was saying that before i can send in any contracts to the seller that i first need to get a buyer lined up? What ive been learning is that you need to find a motivated seller, then once agreed on purchase you would then write up your Purchase and Sales contract. Once that was all reviewed, signed and then sent back that is when you go to get a buyer to then assign the contract over and those two constracts are what youd send into a title copmay/attorney for the rest of the work. After hearing the attorney say that i need to get a buyer first before sending anything in i started to get a little worried. So if anyone can help me in any of this that would be very very much appreciated!!!

Thank you guys,

Jordan