Buying from Wholesaler order of operations

[Brandon Gross]

Hello, I am new to Real Estate.. In general I am wondering what is the proper order of operations after initial investigation of a deal proves positive when going through wholesaler for SFH? From my understanding this is different than when dealing directly with a buyer. Some items I am confused about: 1. Talk with wholesaler - At what point do you approach a wholesaler when interested in a deal they have (to avoid looking like a tire kicker)? 2. Get under contract - Assumed already under contract by wholesaler? If so, does this get signed over before closing or at closing? I'm confused how this works typically. 3. Physically inspecting house and fine tuning final estimates - because of 2 I am confused on this as well. 4. Secure financing - If using hard money, at what point would I contact a hard money lender to try to secure financing for said deal (once again confused due to wholesaler being involved). I have been wondering this for a while, but have yet to ask. Anything other items to add, please share. I appreciate the input. Thanks,

[Tarik Turner]

There is no real set way. Since you are a new investor my suggestion would be the following

Find The Deal. 

Go inspect the property yourself (If you aren't sure of how to estimate repairs bring someone along who can)

Contact a HML and see if you can get pre qualified for the deal.

Once approved Sign the contract of assignment with the wholesaler 

Let your lawyer take over the paperwork from there