I guess I have 300 units spread out over three properties and 10,000 unique codes to choose from so the chance is minimal.

It's just annoying that so many other publications/websites take their word and keep spreading it.

The fixer uppers are not cheap to get into and your capped on your ARV so the spreads can be thin and the permitting can be a nightmare. 

Now, I'm not saying this is smart by any means, but since the market has shifted to a wholesaler's market then it would be in your best interest to either increase your offer amount so you lock down more deals or significantly increase assignment fee for higher spreads.

Lots of good advice above. 98 percent of wholesalers don't even know how to evaluate rehab costs and have no access to get the true ARV and don't care either way, they are just trying to make the biggest spread instead of finding the best win-win scenario.

They can also make yield spread. 

The seller benefits from the spread between the interest rates of the old and new loans.Agreement: Ensure a clear agreement on who will be responsible for the existing mortgage payments and how any arrears or defaults will be handled.Seller Second Mortgage:Structure: The buyer gets a new first mortgage to pay off the existing loan and a second mortgage held by the seller for the remaining balance.Consideration: This may require refinancing the existing loan, which can be costly and may change the loan terms.I hope this helped.

They shouldn't worry about your spread if you've explained how it works as long as they get their number.* The best wholesalers are usually real estate investors who are exceptional marketers and generate too many deals so they start wholesaling their overage to their friends.** Use a contract that has been vetted by a local attorney who knows what wholesaling is.*** Make sure you know how to estimate repair costs.

A/C vendors make a lot of money on spread, so keep asking. 

Better than the alternative of having a line of credit at 12%, the 2-3% hit in spread is lower than a 5% increase in cost of capital in my opinion.