Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?

I can't post the link here, you can dm me or search online. 

Hi BP Community, Although I have been listening to BP podcast for quite awhile now, I am new to joining this online community!

Only allow inspections after the contract is signed and locked in (if possible).Ultimately, gauge the buyer's credibility—are they responsive, experienced, and able to close?

Thank you all for your responses—they are very much appreciated!

This is an impressive response.

I suggest finding an online bank that gives high interest rates.

And you will only be responsible to purchase at least as much as your part of the sale.

Thank you all for your responses I am going to look into managing this one myself to understand more about what goes into managing .

Quote from @Cari Sweet: But you started out by tagging me and saying that my response "sounds like a case for Fair Housing - Familial discrimination."