Here's the thing about wholesaling, if they show up in court, they will strike out, they can't hit a home run acting as a strawman without a license.If they aren't breaking the law, they are skirting it and the more deals they have done, the closer they get as being seen as a dealer in real estate, being in the business has a much different flavor than a one time assignment that can be perfectly legal. 

Okay, now that you have been warned.Determining strike price for the option is to project out your desired return for your capital, factor in your risks and responsibilities during the Option period.

I believe that almost every state requires at least two years and sometimes three years of working beneath a more experienced broker before allowing you to strike out on your own.

Part of this was perseverance and part of it was luck -- striking at the right time.

Whether it will actually work or not may be a different story.Hope your strike price accounts for a probably sight unseen purchase @Jason McDougall!

They were the local credit union that I was already using, and after striking up a conversation and mentioning what I was looking for, they were happy to offer their funds to lend to me. 

And frankly, if you swing for the fences, you will more than likely strike out.That said, if you want a better deal than you would otherwise get, make a relatively low offer on a building that has been on the market for a while, preferably in the early winter.

I try to help or assist at least one person per week.Regardless, if I know he or she is basically trying to use me.My theory is three strikes and you are out. 

So, I'm at two strikes-swing and a miss.

Browse the pictures - all 56 of them - and let me know if you are rushing to buy this gem, or reaching for your dramamine or migraine pills.Any one of these features in a house would be kinda cool.