square one

[Raven Walker]

so I had a house under contract, the owner was asking a price that was absolutely too high but i still continued with the contract because it was my first one, whats the worst that can happen, right?

long story short, after marketing the property a buyer contacted me offering 10% down and a 5 year or sooner pay off, of course, my seller did not want that. 

So here i am again, feeling a little discouraged about continuing to wholesale but i really want to succeed at it. 

my question is, when a buyer is offering a financing option, should i completely leave that alone because of all the confusion that may be involved and wouldnt that force me to disclose my assignment fee because im selling the house for $1k-$2k  of the asking price?

Another question, bank owned homes, as a wholesaler, should i completely leave those alone?

I learned a few lessons while marketing this home but at the same time i was still confused on somethings as far as how the process goes

[JR T.]

Not every lead is a winner. Remember, it's your job to talk him down. Instead of getting emotional about it and making those comments as you headed out the door you could have given him a detailed explanation of the defects which cause the property to not be marketable at his asking price and the price you would accept the work at. If you're consistently polite and professional some people will reconsider. If an when they do call you back you've got them.

This is the point where you need to analyze your whole game figure out how to come out stronger next time. Just keep getting back up, you'll get one eventually.