15% is generally the defacto standard around here for a minimum... some set the bar as high as 20% but those tend to be the investors who do a lot more advertising to find desperate sellers.Generally it depends on your personal goals as an investor.

If they're not flexible on price or desperate to sell really...but I see the ad down within a week or two...I'm assuming the home sold and was priced well.

If your price is too high, mostly people who are desperate to move are the one who calls a lot due to they could not get a home to live.

Even if you don't get this now, a few more weeks or months in a declining market may make him desperate enough to sell at YOUR price.Mike

BP has rank beginners with zero money and will never really do anything but they are here to try to learn and some will do something others just realize real estate is really hard.. then you have this wholesaler niche which runs the gambit of some pretty well capitalized companies to rank beginners and every thing in between.. and with all the guru's like Snap flip and others touting that wholesaling is easy just pick up your checks.. you get an in ordinate amount of people doing it and failing at it.. they get desperate and put out deals that simply are not deals.. then there are others that just like any other part of society they could care less if the buyer or seller got ripped off as long as THEY made money.. this is what makes wholesaling many times a stain on the industry. unregulated.But there are also some very accomplished people on BP who are not broke knowitalls. as you call them.  

Maybe a mom and pop desperate to lease a space.

Basically, someone that is desperate to get out of their building or house and will just let me owner finance it.

So there we go, that's how they become "rich" by praying on the desperate individuals who they successfully brainwashed.

I am ashamed that I attended the FB seminars during the pandemic, as I was unemployed and desperate to find a new job.

I'm talking with a seller who desperately wants to sell, however, they are upside down on their mortgage.