Wholesaling By the Numbers?

[Tiara Murray]

Okay so I have the basic wholesaling steps down.

1.Find a Property
2.Put it under contract using a PSA
3.Get it inspected
4.Get rehab estimate
5.Calculate the gross income (rent)
6.Calculate the PITI
7.Get the estimated ARV
8.Advertise to buyers list
9. Assign contract to your end buyer using an assignment contrat
and seperate PSA

But I think I'm having problems with step 7, how do I find out the estimated ARV? Is it throuh an appraisal? And if so, when do I get the appraisal?