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Anatomy of a Wholesale Deal
The Anatomy of A Wholesale Deal
1. Find a handful of cash buyers and determine their buying criteria
2. Market to motivated sellers that meet this criteria
3. Begin taking lead calls generated by your marketing
4. Screen for truly motivated sellers, get property info., plan a call back for the next day
5. Crunch numbers, call back, make a verbal ballpark offer and set an appointment
6. View the house, adjust numbers as necessary, make offer and have contract signed. Give them an EMD?
7. Find buyer, assign contract.
8. Open escrow, buyer over funds based on wholesale fee?