I'm a new wholesaler and having trouble getting answers as to the popular investor zip codes in DC metro (DC, Northern VA, and MD).

I am in Pa as well and wholesale in the Reading, Harrisburg and Schuylkill county areas.

I have been investing for a couple of years but most of my deals have been wholesale deals because I get a ton more deals than I can keep.

I would love to have a meeting with an experienced wholesaler in my Twin Sities area, who knows the laws here and could answer all questions for about an hour, go over some contracts and forms, and advise as to the best one to use.

Is the 2% rule ment to include all cash in money, like rehab cost and wholesale fee (if any), or just the straight up purchase price of the property?

But they say to only buy houses that you can get for 70% of FMV, less rehab costs and assignment fees. the idea would be to flip it to a wholesale buyer.

They might as well buy it for 3 B they have invested money to bail them out.And yes Countrywide was very proactive, but unfortunetly they were too greedy.When I was in whole sale 2003-2005 they were using there retail division to contact and compete with there wholesale division.I know of several brokers that had deals in at countrywide that had there loans biked by a retail rep at countrywide.

There are usually investors and wholesalers there pitching their properties.Also, try checking Craigslist.org, as well as your local mls- if you don't have access to the mls, find an investor-friendly realtor and have them run a search for you.Call all of the investors/ wholesalers who have "We Buy Houses" ads/signs and see if they have properties available.Good luck,Steph

Normally this applies on a wholesale deal.

As a new wholesaler, I'm still confused how I estimate rehab costs when determining the maximum allowable offer and the profit potential.