Wholesaling flow chart Please!

[Christopher Thomas]

Hello all!

OK, so I'm new and I am reading and learning and marketing. Wash-rinse-repeat. I've even been involved in negotiations with FSBOs that have unfortunately fizzled.

For the seasoned wholesalers, my question is this...I get a seller to agree to my price and a small earnest money deposit(say $20), then what?

Can someone describe the mechanics in detail? Not how to get the deal, but what specific activities you need to do once you have the deal....contract to closing. Maybe as a newbie I'm over analyzing this, but much of what I see is 1. get under contract, 2. assign to end buyer and 3. get paid! But I know there are fine details between each of these tent poles that I just don't know and don't want to F up. :)

 I wish there was a wholesaling flow chart!!!

Thanks in advance!