Wholesaling is definitely a learning process, but here are a few tips to help:1.Build a reliable list of cash buyers.2.Research the areas you want to focus on.3.Get comfortable with contracts and paperwork.4.Focus on negotiating great deals with sellers.5.Stay organized and keep track of your leads.6. 

I am thinking of changing the interior doors to smart locks and renting each room out.

I haven't drove through that area in about 10 years but I remember we closed all windows and locked everything up when we did.

This also may be a good way to get an in working for someone with more experience since being a new wholesaler who doesn't even know where to start makes it very hard to start.Also, don't start telling people you are a wholesaler before you have marketing going out, a small buyer's list, and at least one property locked up because everyone wants to be a wholesaler, but it's not actionable until you are in the game.

If I thought for one minute there was a big market for EM deposits and a reliable bevy of potential clients I would be all over funding 7 figures .. but even with all my experience in lending I jsut dont see it  personally and maybe I am blind to it but I close a lot of deals for wholesalers 10 to 20 each and every month for years..

If you’re aiming for 3 months, having a reliable team and the right lenders in place will be crucial to keeping things on track.More about how DSCRs support BRRRR refis: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Chris, Agreed & I see a VERY low probability that interest rates will be in 4s or 5s in 2025, so those deals with variable rate debt will likely continue to bleed. no chance rates will be in the 4s  potentiall higher or mid 5s though.. we just locked in a 6% so getting close. 

Would love to hear what’s worked for you and any tips you have for making sure the funds are in place to lock down a great deal.

Many people already have their kids locked into a particular school. 

.: For context, I own two SFR:Find a reliable and affordable handymanPay an extra 5k down on my highest mortgage rate (8.5%)Rebuild cash reservesMax out 401k and ROTH IRAImprove my operational efficiency especially with bookkeeping.Goal is to eventually end up with one property for each kid to help them get started when they start family formation.