Typically, wholesalers are very green compared to the investors they're pitching deals to. They usually are just starting out in real estate. Like a seed, that sprouts and grows slowly among the mature plants around them so wholesalers are looked at as being amateur, newbie, uninformed. It's all true! But everyone starts somewhere and is green at some point. They do make mistakes, errors, miscalculations, etc....but at least they're learning, doing, and growing.
99% of the wholesalers in my area actually purchase the homes then resell them. They don't double close that often, although preferred.
The smart investors will ignore the bad deals and buy the good ones, regardless who is selling it. The investors who hate wholesalers are like people who walk on newly seeded grass. The smart investors will be patient and work with the wholesalers who actually grow into something rather than trampling them down.
