Quote from @Carsten Mortensen:
I have bought all of my deals with an agent through the MLS. You see all the time that the best deals come off market, and wholesalers find the best deals. You also see a plethora of cautionary tales "Do your DD on a wholesaler" What does that mean to you, what are good questions to ask a wholesaler?
Make sure to hire an attorney to review both the A to B contract and the B to C contract. Additionally, you should request a Real Property Disclosure (RPD) and a Lead-Based Paint (LBP) disclosure from the seller. Keep in mind that if issues arise and you decide to sue someone, it may be more challenging to take legal action against the wholesaler and hold them accountable for their actions. Wholesalers typically do not carry Errors and Omissions (E/O) insurance, so even if the court rules in your favor, they might not have the financial means to compensate you.
Furthermore, ensure that a reputable title company handles the transaction, as some companies may cut corners. It's important to have your attorney review the title commitment, as I've seen "wholesaler-friendly" title companies include various items in the title exceptions that could cause problems later on.
