From what I gather, you need to find a property at 70% After Repair Value to be able to make a wholesale spread possible.I drove around my town for an hour and I see 99% of the homes for sale through a realtor company.

Hello all, I posted last night and realized it was all over the place and narrowed my possible responses down by giving a geographical region.

Yes I am a wholesaler, Ill either A double close or B assign the contract to another party depending on the spread.

Be prepared some people get seriously pissed when they find out you're making a decent spread on the deal...

.$89k gross spread with only $270k invested will net great return.

No matter how much negativity is spread about my city, I still see the most potential here.

I had to double close it though to protect the spread amount.It does work.

So, over this past weekend, I was thinking when should I start narrowing down which brokers/brokerages I would like to work for.

Most have instituted procedures which make obtaining a loan for anyone outside of a narrow definition a very diffcult and frustrating process.

I don't see enough spread to make this a rental.