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Updated about 4 years ago on . Most recent reply

User Stats

341
Posts
22
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Shequann Burrwell
  • Wholesaler/rehabber
  • Arcadia, FL
22
Votes |
341
Posts

wholesale process

Shequann Burrwell
  • Wholesaler/rehabber
  • Arcadia, FL
Posted

I read a lot on here about wholesaling. I have to admit that it is a little confusing sometimes everyone seems to have there own way to do things so i just wanted to clarify the core process of wholesaling. i feel like there is something i am forgetting that will kill any deals i try and land this week.

I know landing the contract is first so that will be one.
1. contract the home
1b. estimate the repair costs ( or is this done before you get the contract)

2. send contract to title company or closing lawyer for title search

3. shop the property to investors
4. sell the contract
4b. close

I believe thats the core Jist of it. or is it?

Most Popular Reply

User Stats

1,899
Posts
725
Votes
Anson Young
  • Flipper/Rehabber
  • Denver, CO
725
Votes |
1,899
Posts
Anson Young
  • Flipper/Rehabber
  • Denver, CO
Replied

1. estimate repair costs and ARV
2. contract home
3. contract to title
4. shop to investors
5. contract buyer
6. close
7. profit!

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