and it doesn't work like that, especially with prices and interest rates high. 

What made you interested in investing in this type of deal?

I agree with this.

There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.  

This is a great tip

What made you interested in investing in this type of deal?

Hey Brody,I just came across this post.

if that is what you do for all other applicants then this case should be no different. 

It’s always interesting to see how people’s backgrounds play into their investing strategies.What kind of multifamily properties are you eyeing right now?

This platform on Bigger Pockets is a great source of information where you can ask questions and also learn from other investor questions.