Because of this philosophy of investors deceiving contractors into believing they were the decision makers when they were merely wholesalers.

95% of my wholesales the end buyer pays all closing costs associated.

Are there any recommendations for how to get good deals on MLS properties that would make a good wholesale deal?

Hi, my question is that I've found a few pre-foreclosures that I would like to wholesale.

If you said "we buy houses" or some such, your respondants should either be the "I want to sell a house" type or the "you're a wholesaler, add me to your buyers list" type.

Wholesale said properties to other investors who might be looking for additional rental propertiesorD.

The formula that you quoted is one that I've seen several wholesalers use in order to determine if they want to control a property and flip the deal to another investor.

Wachovia exited the wholesale business this week and is no longer doing broker loans.

That's what I thought a few months ago but the more I research (especially on this site) the more I realize there other ways like bird dogging and wholesaleing.

The point of all the numbers is How much are you missing out on by not starting now.The specialized knowlege that is most important in investing is having exit strategies.Having a lot of tools in your tool belt gives you more options in each deal you do.You can buy and sell to wholesalers, buy and hold (rentals), buy and rehab, buy from wholesalers and sell toend buyers, buy notes on properties, buy on the courthouse step[s, lease options, straight options,partnerships,commercial Real Estate,buy land to develop,buying foreclosures, short sales, tax lien sales, buying estate sales, buying condemed properties, buying the right of redemption,inner city fixer upers, city and county programs, grants, become a Real Estate Agent, or even become a lender.The list of ways to profit in Real Estate goes on and on.