Run your own comps when buying from any wholesaler and know your rehab costs. 

I'm not a wholesaler. 

If you don't have a unit open to cycle each tenant through while you renovate them, you don't have an option because things will keep breaking when occupied and you will be getting less and less rent and no profit for years.You are right Jonathan, we just started out and like you said technically it should probably not be called a "deal" to the standard of a wholesale investor.We are just putting our first step forward.

Why actually do real wholesale deals when he's got this gravy train.  

I wouldn't buy a property based on numbers from a turnkey company, agent or wholesaler, but fly or drive out and look at the property and neighborhoods.

She then wholesales the deal to ABC Investing Corp for $65K.

Hi All - I am a new wholesaler in NY.

I work for Bakerson LLC and wholesaler in the Phoenix metro area.

My hold co in the end would purchase the property for 500K from my wholesale LLC.

We then wholesale it to me, I get a mortgage (I've been pre approved by several companies for 500k) for 400k and take possession as my primary residence, pay back the hard loan, (350 all in for 9 months) and split the difference.