Wholesalers! · Genesis Lite

Wholesalers!

Title: 18, first semester of college, building a transactional funding business. Here's what I've learned so far.

Hey everyone, I'm Chris. I'm 18 and I fund wholesale deals: EMD, double closes, and Stack Method closes. I've spent the last 45 days doing outreach every day between classes.

3 things I didn't expect:

1. Replies are easy, calls are hard. About 2,000 outreaches got 500 replies, but only a handful became real conversations. Follow-up and timing matter way more than the pitch.

2. Double closes are public record. Pull your county's deed records and you can see who's flipping, how fast, and for how much.

3. Nobody needs funding until they need it by Friday. The goal isn't to sell people on funding. It's to be the guy they remember when a deal is about to fall apart.

I'm here to learn from people further along than me, and to help anyone who's stuck on a deal because of EMD or a no-assignment clause.

What's the biggest thing that's killed a deal for you?

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Wholesalers!