Is that true? 

But also, even as Joe points out in his book, the true value of a syndicator is pulling together all the pieces.  

Not sure if that’s true or not. 

It's important to run your own comps and go out to the property with a contractor so that you can get an idea of true renovation costs. 

Quote from @Jon LaBorde: @Nate Sanow would you say that 1000 prospects is a good number to get 1 wholesale deal, I’ve seen a lot of people say 1000 prospects is a good number to get a deal but I’m curious how true that is? 

Yes, you will need a cash or PML to buy the house, but it is true of any real estate transaction with the exception of wholesaling. 

That's the only way you will know if it's legal.In a true wholesale deal you are putting the property under contract, then either assigning your contract or double closing. 

I try to find their true reason for selling early on.

And, because flips are already risky enough I don't want to add more risk.So, again, while the numbers are theoretically true, if you are doing that kind of volume, you are by nature becoming less selective. 

That is all excellent advice and all very true.