I ignore all the "rules of thumbs" because they don't really apply in this market imo because of the nature of it, decent appreciation, lower cash flow, etc.

Ignorance is bliss.

If you’re going to ignore the 2% rule why stick with the 1% rule?

Either they're ignorant or they've successfully bullied others into paying.

Some coops have flip or sale tax which if you ignore or miss can cut deep into your profit.2.

Not going to work on mls properties.....only with distressed sellers, usually with some degree of ignorance,  willing to let you do sub2 or something similar, with no money or credit. 

Here's the math, ignoring fees: with a 75% LTV mortage, 75% of $350K is $262.5K.

I’ve been in your situation several times and every time I’ve ignored the numbers that make sense I’ve been “burned”.

When I pointed out the error, they just ignored.

No one is expecting the wholesaler to have exact estimates when presenting their deals.The point is that she can't ignore it completely and then wonder why people don't think her deal is good.