comes back and says to rip out all the work, and have it redone by a licensed contractor, who will pay for it?

Instead of wholesaling, we should offer free advice to the homeowner that they could easily make a few bucks because we're ripping them off by offering them pennies on the dollar for their property.For something to be an amazing deal, it usually means that somebody is being taken advantage of.

I don’t feel I was ripped off or that they don’t have the potential to eventually build momentum and start closing 2-3 per month if you’re willing to pay to scale.

We rip everything out and put in a new Home Depot tub and enclosure.

Simply put, they will think you are ripping them off; they are not investors that understand the true cost of this business.They also don't understand that any rehabber that is risking their money on a project wants to be assured that there is a decent profit to be made.

I think wholesalers tend to rip off sellers, I don't have as much an issue when it comes to getting a fee from an investor later. 

I see multiple assignment fee's on the huds I fund back east in PA and Maryland.. 500 for this guy 1000 for that guy 2500 for that guy.. its kind of amusing .. but I don't give a rip I am just the money its up to my clients to decide if they want to get inventory that way.Hello Jay,Thank you for getting back to me.

I had the nasty carpet ripped out and the floors sanded.

in my experience they are the HUGE minority.. not the majority.. but its just like anyone in the sales business.. 10% will succeed  2 to 3% wildly and the rest will trundle along and 50% will not make it past 6 months.the internet has created this fantasy of real estate rich's and the fantasy includes starting with no money as a wholesaler.. but we know this is not true.. wholesalers need money to market.they need money to buy gas to go to meet ups.. or gas and a car to go meet with clients.Then they need innate skills to close the deals.. and we all know who those folks are .. they are the same that can sell used cars  or are great at selling time shares.. or any other hard close job.no mystery here.. the issue comes with a legion of beginners unleashed on folks who their property many times is their most valuable asset.. or they get snookered into giving it away.. and those that rip equity like this are proud of it etc .there is a place for this wholesaling I Believe in the low value asset areas of the US.. like pretty much any ghetto inner city area of the US.. were values are low and the traditional RE community just does not want to bother with it..

I was ripped off a year ago for a much smaller amount than some of you guys, and my multiple attempts to reach the company to address it were ignored.