Jul 24 • General discussion
💼 How to Close a Wholesale Deal in 30 Days (Step-by-Step)
Time kills all deals — but if you move smart and focused, 30 days is more than enough to go from lead to check.
⏱️ WEEK 1 – Lead Generation + Initial Contact
Drive for Dollars (D4D), Zillow FSBO, Propstream, Delinquent lists
Call, text, or door knock — keep your outreach simple:
🗣 “Would you consider a cash offer if the price made sense?”
✅ Goal: Get 3–5 warm conversations flowing
📝 WEEK 2 – Lock the Deal + Due Diligence
Run ARV using sold comps — NOT active listings
Make your offer using the 70% Rule:
(ARV × 0.7) - Repairs = Max Offer
Get it under contract and take 24–48 hours to verify:
🛠 Repairs
📄 Title status
📍 Access for showings
✅ Goal: Property under contract + seller expectations managed
💰 WEEK 3 – Find a Cash Buyer + Assign Contract
Blast your deal to buyers (email list, Facebook groups, REIAs)
Show them real value: include ARV comps, photos, repair est.
Use a simple assignment agreement (or a JV if needed)
✅ Goal: Get your buyer to commit with earnest money deposit
🏁 WEEK 4 – Send to Title + Close
Send both contracts (A → B and B → C) to your title company
Title clears → they handle all the paperwork
Buyer wires funds → You get your assignment check
✅ Goal: Get PAID ✅
🔑 Follow up like your money depends on it — because it does
📲 Don’t overthink — take imperfect action
👥 Build relationships with title reps + buyers in your area
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💼 How to Close a Wholesale Deal in 30 Days (Step-by-Step)
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