Effectively, my offer was 40% of the list price, and i justified it saying the repairs would be at least again the value of my offer.

Curious of what your most effective way of finding properties is? 

You will in effect be managing the property for whatever the cash flow is if you have to give it back in five years. 

Net effect will be the same,  but you're freeing up a Fannie Mae "number of financed properties" slot every 7-8 years instead of every 20 years. 

I don't want to do it too far in advance if I'm not looking to invest anytime soon, I feel like I will be wasting his/her time.

What other types of marketing are effective for wholesalers?

Also I try not to have delays because wasted time will cost in the end.

It's simple, but incredibly effective.

why as a wholesaler would you want to put homes under contract with all those liens on them especially if that kills the deal You wasting the time of buyers and sellers The liens are very common in this business Jyst trying to help other people to not just waste time saying we going to buy with cash if you don't know the house will close or not This is what causes wholesaling to get a bad name in my area If you are going to do this as a business it would be nice to know if it will close before lots of time is wasted on a deal that will not close I look at wholesaling different because I don't want to show my buyers a house that might not close I want to know it will close The wholesaler told me he did not know Lots of buyers I talked to in my area since have complained about wasting their time looking I am just posting this because it makes cash buyers irritated if they waste their time looking I like being able to tell my buyers title search done and they can close It cost 130 to do a title search This way part of the work is done when we go to closing at my title company I'm not being critical, just trying to give insights to other investors in my area and what happens when you just put houses under contract

Perhaps there are more effective ways to "offset" capital gains, but this has been my experience.