how do I know if the deal is good or worth it?

[Darvin Ezell]

I just started with wholesaling and have learned alot from the forums here. I was doing some searching online trying to get my first lead and I found a few possible properties where the owner "must sell." When you did your first deal, did you jump on the first prop that was a good lead in any condition or what things did you look for to justify putting it under contract or does none of that matter as long as the price is good and leaves you room.to make money? Any help is appreciated?

Also do you tell your motivated seller you are a wholesaler or do you present yourself as a cash buyer/investor that can assign the prop over?