Both are almost set in stone.   

Unfortunately NY requires a RE license to wholesale in the state.

I really like that prices are the same.

I hope that helps.

Quote from @Rou Odab: Some of these things would come up on a home inspection, but since we are past that I would do a couple of things.

It certainly could be a red flag, but not necessarily.

However, there are multiple documents that emphasize that all 1245 property determinations must be factual and supported by corroborating evidence.

Wich goes back to my comment to the initial poster. people who want to buy homes in DC and top markets like that are the ones saying BRRR is impossible right now.

@Marc ZakThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

The successful wholesalers are the ones that are direct with the seller and have done an analysis on the deal to show it can be a successful investment (always double check with your own)totally agree, I would add the don't act sketchy and present their available homes in a consistent/professional manner to buyers.