What is a foreclosure rescue scheme?
A foreclosure rescue scheme is a type of fraud that takes advantage of homeowners who have fallen behind on their mortgage payments. The fraud perpetrator approaches the homeow...

Nobody voted for him, and now he’s firing thousands of federal employees.

If this is what sub2 is, then why are people paying tens of thousands of dollars to learn this process?

In any case, successful wholesaling REQUIRES the knowledge, experience, and ability to accurately estimate repair and rehab costs and time.  

Most will have large scale marketing engines where they spend thousands or tens of thousands a month, and operate or license time in call centers.

An update one year later after this post, I now have:- Got my property and casualty license and wrote 370+ policies in a year- Saved up a few more thousand dollars in investable cash, paid off $20K in debt and raised my credit score by 100 points- Launched a direct to seller cold email marketing campaign and generated leads for cheap- Got connected with a few real estate investing communities like Subtle Asian Real Estate and Pace Morby's SubTo- Aggressively read and studied as much as I can get my hands onThat being said, I decided to run a marketing campaign to generate distressed seller leads in Phoenix, Arizona, mostly because:1.

I dont call hundreds of leads a day or mail thousands of letters. 

to save costs, and responses sometimes took weeks.

The most successful investors have looked at thousands of properties in person in their lifetimes.

If less than two years, cost seg probably isn't a good route.