Negotiating with wholesalers

[Mark Neiger]

I'm new to flipping and was wondering what the etiquette is on negotiating a price with a wholesaler. Is it normal to give them their asking price if the deal works or should I make them lower offers similar to when buying a house the traditional way?

I purchased my first flip from a wholesaler for what he asked and it was successful. I'm analyzing my next deal from the same guy but am wondering if I should offer him lower than his asking price.

Any thoughts or advice?