But until everything signed at the closing table, its still not a done deal.

A quick search turned up this form:http://www.irs.gov/pub/irs-pdf/f1041es.pdfThis has a tax table on page 5 that says the tax is $3,011.50 plus 35% of the amount of taxable income over $11,650.

The base concept of these folks relies on Sellers leaving some easily obtained yield and/or return on the table to be tapped into.

I was firmly taught that the buyer really pays the commissions, it is his money on the table that pays it.

Do you bring anything else to the table like are you a realtor, loan rep, general contractor etc. and do you have additional funds.

Sit down at kitchen table, begin talking numbers only once rapport is established e.

Wholesalers bust their butts to find deals for investors who don't want to hassle with handwriting yellow letters for hours on end, pounding the pavement knocking on doors, weeding through hundreds of calls, and sitting at kitchen tables negotiating with prospects.

Maybe with beach front property at the million dollar mark for a lot.Depending on the cemetary, a plot about 4x8 considering walking space sells for around 5 to 10 k in rural areas and can be 20k depending on locations and favorable soils, water tables and amenities.

If you will find one there should be more investors on the table I guess but maybe rehab and flip is a opportunity there.

Having said that, I disagree with Xing Zhu...you cannot brush things like this under the table or you will not get the service you pay for and the respect you should get.