There are 7 steps to Wholesale Real Estate.

Step 1

Find a deal that is under market value.

Step 2

Look up comps in the area to make sure it is under market value

Step 3

Tie up the property. Create a purchase and sales agreement and let the seller know that you will be wholesaling the deal.

Step 4

Find a buyer and market the property. You can find buyers through Craigslist, Biggerpockets, Facebook, or within your group of investors/home buyers. You can also use a realtor, but you will need to pay them a fee.

Step 5

Decide whether you want to assign the contract to the buyer or do a double escrow.

Step 6

Close the deal with your fee

Step 7

Receive the fee for the agreement