J Scott breaks down all the fixed costs on closing a wholesale/flip deal.

I fix and flip, working with contractors, agents, cash lenders, I sometimes wholesale.

I got a feeling you don't actually know what a syndicator is and are mixing it up with someone's snake-oi.... sorry I mean Wholesaler boot-camp program. 

Sellers are absolutely predatory towards buyers whether the buyer is an end buyer, landlord, flipper or wholesaler and they will gladly sell you their home for more than it's worth while conveniently forgetting to tell you about any issues the property has.

*Wholesalers are often people that don't have the financial wherewithal to do the deal themselves, so they try to get others to help and call themselves wholesalers.

I have my first Wholesale deal under contract.

It was my understanding that the wholesaler brings an actual under-contract deal to a buyer and then the buyer pays a bit of a premium for the deal.  

hi @Alvin TaverasMortgage Broker here, i've been referring clients out to Credit Unions for their HELOCs. we have a handful of lenders that can do them, but i'm finding the juice is not worth the squeeze in the broker/ wholesale world.

But as written, it will change how wholesalers will need to do business.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

If Oklahoma has a law called "Predatory Real Estate Wholesaler Prohibition Act", don't you think that might just be a state to avoid for a new wholesaler who doesn't know much of what they are doing yet?