How to Wholesale Real Estate With No Money

Mindset and expectations

Wholesaling is not passive. Your first deal will take 30-90 focused days. Treat it like a job.

Pick your market

Pick a single city with strong investor demand. Don't chase markets you've never set foot in.

Build a buyers list first

Before you have a deal, have 10-20 cash buyers. Find them at REI meetups, on public record (cash purchases in the last 6 months), and in Facebook groups.

Generate seller leads

With no capital, start with cold calling or driving for dollars. Want to scale? Read our lead generation guide.

Make the offer

ARV × 70% minus repairs minus your fee. Learn to pull comps and estimate repairs before you make offers.

Lock up the contract

Use a state-specific purchase agreement with an assignment clause. 14-30 day inspection period protects you.

Assign the contract

Send it to your buyers list with photos, comps, and numbers. The best deals are gone in hours.

Close and collect

Title company handles everything. Your fee comes out at closing.

Scale

After 1-2 deals, reinvest profits into marketing. For the full training, see How to Wholesale.