Lenders are allowed to charge junk fees, brokers are tied to only being allowed to charge an underwriting fee, which is charged by the wholesale lender, not the broker.

@Matt R.Just sold ALL my rentals to a wholesaler and put all my equity into bitcoin and ripple!

However, many wholesalers are now buying and listing the properties where they don't physically live.The most important thing you have to know is whether they own the property.

I mentioned using hard money ($300k), private (100k), acquisition fees, wholesale fees and close to $200k in refi funds.

And regarding wholesalers, probably 99% of those deals are garbage.

Closed my first wholesale deal in 5 years.

I would recommend, at least, opening up a LLC in the US and operating out of that under your wholesale business.

Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.

Some strategies to consider:Networking with wholesalers: Many off-market properties don’t make it to the MLS, so connecting with wholesalers who operate in OKC can be a great way to access these deals.

If you know local wholesalers or off-market specialists, their contracts have usually been vetted by an attorney.