I would appreciate for anyone to help me getting started to wholesaling in real estate when i hit 18 in january i look foward starting a carrer in real estate for my future but i need help to get prepared i got the basic of real estate of wholesaling but i need to know all the legal aspects of wholesaling of doing it safe and compliance with the law☺

Thank you for your quick reply.

Its a quick way to go broke.

Here’s my quick look at the BRRRR calculation:$220,000 ARV x 70% (All-in Costs Target) & Refi LTV = $154,000- $35,000 Rehab estimate = $119,000- Closing Costs - Holding Costs = Maximum Allowable Offer (MAO) or Purchase price Your $165K Purchase price is already over the 70% (without Rehab, Closing, or Holding Costs).  

I still have quite a bit to learn but as soon as deal #1 is done, your confidence starts to grow quickly.

What would a quick estimation cost be?

There has got to be some requirement of accepting help and working to solve problems whatever they are in exchange for the help,  and those who won't take the trade should move along and accept consequences for any illegal activity until they see fit to change their minds.What I don't get is that the city has a lot of surplus land -- and a lot of people with a lot of great ideas to quickly build a class of housing someplace between a glorified garden shed and a 200-300K or more per unit "affordable" housing complex.   

@Adam Horvath Used containers have a few negative things go with us (you could do some quick google search to know more).

The median price ARV for this home I believe is 105-130 (I looked at the surrounding homes) and I’m thinking 25-30k (as an estimate, to be on the safe side) in repairs. https://www.trulia.com/p/ma/springfield/16-emily-st-springfield-ma-01109--2000301088Thank you all for your advice! 

You have to have your ducks in a row and be willing to move quickly when the right deal comes across.