Rich is correct you as a wholesaler don't pay any costs.If however you're sitting on a property you are trying to wholesale and can't sell it fast enough you can offer to pay for the closing costs out of your assignment fee to entice the end buyer to purchase the property otherwise you don't pay for any closing costs.

And the entire time I'm really buckling down and saying "no" to potentially fun activities so that I can continue to dutifully save my $250k.A W-2 job will not make you rich.

You can do a little discount but you are not going to be rich off managing his 1 property by charging him 8-10%

Another suggestion would be to focus more on learning the process and strategies early on vs getting rich.

Rich Dad Poor Dad, Secrets of the Millionaire Mind, and Think and Grow Rich are the corner stones of the path that's lead me to where I am today.Perhaps an unconventional way to start, especially with the tremendous learning curve when just starting out, on December 1, 2023, I decided to leave my job in sales of 3 years and commit full time to learning how to flip houses first hand.

Next real estate for me was get rich slow. 

On that note, some may see home prices as too rich, may be be moving in a few years, or in a cyclical job (oil, some types of construction, etc), so they don't take the plunge on a purchase...Best of luck!

Hello @Andrea Ray,Welcome to Bigger Pockets and a website of rich Real Estate information.

HI @Rich Ng.

Rich, it was full but the city inspector had a small issue with the sewage and the the tenants had to leave within 60 days since the owner did not want to fix it.