GUIDES

Buying wholesale deals, explained

Short, plain guides to what you meet on a wholesale deal. General education, not legal or financial advice.

• How to read a wholesale deal What a wholesaler is selling, what the asking price includes, and the six things to check before you offer.5 min read
• ARV and spread, explained How after-repair value is worked out from comparable sales, what the spread leaves out, and the 70% rule of thumb.4 min read
• Assignment or double close? The two ways a wholesale deal closes, what each costs you, and what to ask before you sign.4 min read
• Earnest money on wholesale deals How much is usual, when it is due, who holds it, and when you can lose it.3 min read
• Checking the repair estimate Why the repair figure is the one most often wrong, the five things that cost the most, and what to hold back for surprises.4 min read
• Paying for a wholesale deal Cash, hard money and private lenders, why an ordinary mortgage rarely fits, and what proof of funds shows a wholesaler.4 min read
• Rental numbers: cash flow, cap rate and the refinance How to read a rental's month, what cap rate and cash-on-cash return say, and what a refinance takes out and leaves in.5 min read