All Forum Posts by: Natasha Crump

 It's ALL ABOUT NUMBERS. Numbers don't lie, numbers don't pretend, numbers don't care what anyone thinks of you. I personally don't care what some of the folk here thinks of me. I was involved in wholesaling business long time ago (not real estate but consumer goods), and it has taught me A LOT about human nature. There are some good people in business, but there are also nasty, hateful people that will cut your throat for few bucks. Money is what motivates and moves them, and nothing else. They just look after their own good. Disregard them! Just be careful dealing with those types, they are capable of anything for a buck. 

But, as I said above, wholesaling is all about NUMBERS. Know your numbers. Do your due diligence. When you look for property think of it as if you were buying it for yourself. Would you , as an investor or flip-flopper, buy it for what you can sell it for? Would HML lend the money to buy and rehab it? If answer is NO then run from it, don't have anything to do with that property but look for another one. If you find a true wholesale deal, the one you would buy and profit from and HML's are ready to finance it, then you know it's worth getting it under the contract and find an investor for. Be good with your numbers, those are: ARV (based on comps), repair costs and MAO which will allow you to squeeze in your cut in the assignment of the contract. If your numbers are right then nothing else matters.