How to Underwrite a Wholesale Deal in 20 Minutes
A fast, repeatable process to price a deal, estimate rehab, and decide if it belongs in your pipeline.
A clean checklist to verify ownership, condition, and neighborhood risk before you lock a contract.
Marcus Lee
Transaction Manager
Verify ownership, liens, and any probate or trust structures. If authority is unclear, delay the contract until it is verified.
Ask for a recent statement or payoff if any liens exist.
Focus on roof, foundation, and mechanical systems first. Cosmetic issues can be priced, structural issues can sink timelines.
Look for signs of water intrusion and deferred maintenance on the exterior.
Check recent sales velocity and days on market. If homes sit longer, build in extra margin and time.
Confirm rental demand if the exit is a hold strategy.
Get photos, any prior inspection reports, and a clear list of included fixtures.
Document everything in writing to avoid last-minute disputes.
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