This will be a wholesale deal, by the way, so the location of the closing won't matter.

I do Wholesale deals in CA too.

Sidney,You'll need to find a wholesaler that can provide a "total package" for the investor.

I am a full time wholesaler.

We do work in New Jersey and all over the states when it comes to dealing with bulk REOS.

If I am looking to wholesale a $100K house I will build in a higher profit margin for myself to compensate for the higher risk.One more side note here is that your best customers as a wholesaler will probably NOT be investors that rehab houses to resell.

[b]If I am a middle man between a wholesaler and a end buyer is there a particular form that I need to be signed in order to not be cut out of the deal besides a typical Assignment contract?

Now is not the time to panic.Also see if you can find a couple of wholesale deals and find some buyers for them and use that money to pay what you owe.Once you get out from under this count this up as a cost of doing business, but never jeopordize the ones you love.

I know some wholesaler's that are brokers.

Me (Wholesaler), or the Seller?