land wholesaling


so businesses buy up land and wholesale it through assignment.

are these good deals? lets say there in good areas of country.

i buy it from them for say 5k plus 1500 fee - total 6500 cost, plus closing costs - 500 - total investment 7000.

i don’t see the property.

i have local realtor market it and attempt to sell it for 21,000 or whatever…

good or no good?

come on people…

I must say, I’m quite intrigued by the idea of wholesaling. Land and/or houses. Anyone want to elaborate on process…