I buy wholesale on properties where there is little competition to drive the price up.

If I called and asked you if you had any deals I could market to find a buyer for, what would be a ballpark fee/split to expect (so I don't sound like a total rookie).Stephani Davis wrote "If I don’t have any properties of my own to market, I will call a few of the other wholesalers in my area and ask them if I can market one of their deals." - http://www.biggerpockets.com/renewsblog/2009/08/06/easy-ways-build-wholesale-buyers-list/Later on she said, "When I work with other wholesalers I get part of the profit if I find a buyer.

I'm a new investor in Philly looking to network with other wholesalers and even cash buyers.

So, Will Barnard suggests using a trust for wholesale transactions in the BP summit audio.

Well David I've never seen or heard of a wholesaler locally , I do know alot of people who are real estate investors.

I kept hearing people saying when in a REO situation, if the bank came back with a "HIGHEST AND BEST OFFER IN 24 HOURS", presumably in a multiple offer situation...that you could offer them $1 or $100 or $500 OVER the highest offer - provided that they can show you that there is a genuine offer for that amount.Not to mention you are at the mercy of a crazy buyer who is willing to overpay...unless you have a built in contingency that gives you an out.I assume if you are willing to do that, you are really calling them bluff.

Wholesale?

Will probably go to back to more wholesale/tax auction approach.

A triumphant post outlining the details of my very first wholesale deal and what an unmitigated success it was.

For the time being, I mostly focus on wholesale deals, options and fast cash deals.I find junker homes, tax defalted, probate, distressed ect.. and put under contract to buy at a discount to sell to rehhaber/investor for a small or sometimes generous mark up.