You’ve got a property under contract.
You’ve found a cash buyer.
Everyone’s ready to move forward.
So how do you actually get paid — and make sure you don’t fumble it at the finish line?
Here’s exactly how wholesalers get paid (and the critical steps you need to take so your money shows up at closing — not in someone else’s pocket).
You’re not selling the property — you’re assigning your rights under the original purchase contract.
To get paid, you need a clear, written Assignment of Contract that spells out:
The address of the property
The assignment fee you’re owed
Who is responsible for closing costs
The closing date
And who is paying whom — when and how
If you skip this step or try to “handshake” it, don’t be surprised when things fall apart.
Use Doc’s assignment agreement from the program and make sure everyone signs.
Not every title company understands wholesaling.
Some will try to block it, question it, or even make up “rules” that don’t exist.
That’s why this step matters:
Always work with an investor-friendly title company.
If you’re in the full version of Doc’s program, you get exclusive access to his personal title company — the same one his family, mentees, and students use. ($250 a month value)
The HUD-1 settlement statement (or Closing Disclosure) is the official breakdown of who gets what at closing.
Your assignment fee needs to be listed as a line item, like this:
“Assignment Fee to [Your Name] – $10,000”
This makes your payout crystal clear, legally documented, and traceable.
The title company will cut you a check (or wire your funds) at closing.
One of the biggest mistakes beginners make?
Trying to pose as the actual buyer — then getting stuck when it’s time to close.
Be transparent.
Let the seller know you're working with other investors.
Make sure your paperwork says you have the right to assign the contract.
That’s how you stay legal, professional, and protected.
A lot of beginners get excited about finding deals… but forget that closing is where it counts.
- You don’t need to swing a hammer.
- You don’t need to get a loan.
- You don’t need to own the house.
But you do need to follow the right process to get paid — clean, legal, and in writing.
Doc’s program gives you:
His actual assignment contracts
Word for word scripts
PLUS the chance to work with his trusted title team (that gives students access to tools like eFarming, comps, and more)
And yes — you can start for free.
Click below to join the free version now
Don’t risk your paycheck because of one missing line of paperwork.
Learn how to do it right — and keep every dollar you earn.
Take our free 60-second quiz to discover your ideal real estate investment strategy—based on your goals, your current resources, and the life you want to build.
It’s not just a quiz. It’s the first step toward clarity, confidence, and creating something meaningful.
No pressure. Just possibility.
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