starting out in wholesaling

[William Hawthorne]

Hello I live in los angeles and I have been researching land wholesaling in my area. However I still have some minor questions about the whole wholesaling procedure. 

1. Should I speak with cash buyer/housing developer or the seller first  

2. What is a respectable commision for wholesaling land

3. When should I send contracts to seller and cashbuyer

4. Do I have to pay for an attorney 

[Joe Homs]

@William Hawthorne  ask away...

1. Should I speak with cash buyer/housing developer or the seller first.  Always the seller first.

2. What is a respectable commission for wholesaling land.  It's all negotiable, but around $5-10K

3. When should I send contracts to seller and cash buyer.  To seller first to lock up the property and then the buyer when they agree to buy

4. Do I have to pay for an attorney.  Not in California if you know what you are doing.

Good Investing...