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From Lead to Payday: The Full Wholesaling Deal Breakdown

Follow a Deal from Start to Payday

You’ve heard the success stories.
You know someone made $10K wholesaling a house they never even bought.

But how does that actually work?

Let’s break it down.

Here’s what a full wholesaling deal looks like — from first contact to assignment check — so you can see the real steps behind the payday.


Step 1: Find a Motivated Seller (The Lead)

It starts with a motivated seller — someone who needs to sell fast, has a problem to solve, or just doesn’t want to deal with a real estate agent.

How do you find them?

  • Driving for dollars
  • Calling FSBOs
  • Bandit signs
  • Referrals
  • Tax delinquent lists
  • Tired landlords

That's the way the world does it.

But Doc always says: You’re not looking for a house — you’re looking for a person with a reason to sell. And in his program he shows you step by step how to find these people.


Step 2: Run the Numbers + Make the Offer

You estimate the ARV (after repair value) of the house, figure out a rough repair budget, and use the MAO formula:

ARV x 70% – Repairs = Max Allowable Offer

Then you call the seller, ask the right questions, and make your offer.

This is where a lot of beginners freeze. But remember:

You’re offering speed, simplicity, and certainty.
Not every seller will say yes — but the motivated ones will.

In Doc's program he gives you the exact step-by-step system to not only find the buyers, but includes the scripts you need when you call.


Step 3: Get the Contract Signed

Once you’ve agreed on a price, you use your purchase agreement (the kind Doc includes in the program) and get it signed.

Now you have what matters: a deal under contract.

At this point, you’re not risking your own money — but you’ve locked up the rights to buy this property at a great price.

Now comes the fun part.


Step 4: Assign the Contract to a Cash Buyer

You contact the cash buyers you’ve built relationships with — or use one of Doc’s 3 cash buyer-finding strategies — and show them the deal.

Let’s say you have it under contract for $82,000 and a cash buyer agrees to buy it for $92,000.

You both sign an Assignment Agreement.

The buyer steps into your contract. You don’t have to close. You just created $10,000 in value — and you get paid for it.

In Doc's program he give you the Assignment Agreement to use, and shows you how to build your cash buyers list from scratch.


Step 5: Get Paid at the Closing Table

Your buyer wires in the full amount. The seller signs their paperwork. And you?

  • You get your $10,000 assignment fee, usually by check or wire
  • You didn’t use your credit
  • You didn’t get a loan
  • You never owned the house

You used knowledge, hustle, and negotiation — and turned it into real money.


And Then You Repeat It

The most powerful part?

You can do this again and again.

In fact, once you understand how the full cycle works, you can:

  • Build a pipeline of sellers
  • Grow your buyer list
  • Systematize the process
  • And scale your results

This Is Real Estate Without the Guesswork

You don’t need to flip houses.
You don’t need rental properties (yet).
You don’t even need a license.

You just need to learn how to spot opportunity, solve problems, and connect deals to dollars.

That’s wholesaling. That’s the path.
And that’s how you go from lead to payday — one deal at a time.

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