💸 How to Make $5K–$15K Wholesaling Properties
No Money, No Credit, No Experience Needed

What if you could make $5,000 to $15,000 in the next 30 to 60 days — without ever buying a house, swinging a hammer, or applying for a loan?

Welcome to the world of real estate wholesaling — one of the most beginner-friendly and low-risk ways to make money in real estate.

In this article, you’ll learn exactly what wholesaling is, how to find your first deal, and how people across the country are pocketing five-figure checks with no real estate license, no experience, and no money out of pocket.

Let’s dive in.

📦 What Is Wholesaling Real Estate?
Wholesaling is a real estate strategy where you act as a middleman between motivated sellers and cash buyers. Here’s how it works in simple terms:

You find a discounted property from a seller who wants to sell fast.

You put it under contract for a price below market value.

You assign that contract to an investor (cash buyer) for a fee.

You collect your wholesale fee at closing — usually $5K–$15K.

You never need to fix the property. You never buy it. You simply find and control the deal — then pass it along to someone who wants to renovate or rent it.

🧠 Why It Works (And Why You Can Start Today)
Here’s why wholesaling is so powerful — especially for beginners:

✅ No license required

✅ No credit check or loan needed

✅ No cash or big budget needed

✅ No construction experience

✅ No risk of owning property

You’re not flipping houses. You’re flipping contracts.

Your job is to identify opportunities and help people solve problems — while getting paid to connect the dots.

💰 The Math Behind a $10,000 Wholesale Deal
Let’s walk through an example.

A distressed homeowner owns a house worth $150,000 if fully repaired. But it needs $30,000 in work and they want to sell quickly.

You negotiate a contract to buy it for $85,000.

Then you find a cash buyer who’s happy to pay $95,000 because there’s room for them to renovate and profit.

You assign the contract to the buyer and collect the $10,000 difference at closing.

Contract Price: $85,000

Assignment Price: $95,000

💸 Your Fee: $10,000

This is a typical range for most wholesalers — anywhere from $5K to $15K per deal. Some do more.

👣 Step-by-Step: How to Make $5K–$15K Wholesaling
Let’s break it down into actionable steps:

✅ Step 1: Find Motivated Sellers
You’re looking for homeowners who are motivated to sell fast — usually due to one of these reasons:

Inherited a property (probate)

Facing foreclosure or behind on taxes

Going through divorce

Moving out of state

Tired landlords

Houses in poor condition

📍Ways to find them:

Driving for dollars (look for ugly, vacant homes)

Craigslist or Facebook groups

Probate lists or eviction filings

For Sale By Owner (FSBO) websites

Code violation or tax lien lists

✅ Step 2: Estimate ARV and Repairs
ARV (After Repair Value) = What the house is worth once fixed up.

Use Zillow, Redfin, or local comps to find 3-5 similar houses that sold recently. Then estimate repairs (basic paint, roof, plumbing, etc.).

You can also use a free calculator like Rehab Valuator.

✅ Step 3: Make a Cash Offer
Use this proven formula:

MAO (Max Allowable Offer) = ARV × 70% – Repairs – Your Fee

Example:

ARV: $150,000

70% = $105,000

Repairs = $15,000

Your Fee = $10,000

MAO = $80,000

This is the price you should aim to get the property under contract for.

✅ Step 4: Get the Property Under Contract
Once the seller agrees, use a simple wholesaling purchase agreement with an assignment clause. You can download free templates from most wholesaling resources.

Include:

Purchase price

Deposit (can be as little as $10–$100)

Closing date

Assignment rights

✅ Step 5: Build a Cash Buyers List
You’ll need investors ready to buy your deal.

📍Here’s how to find them:

Post in local Facebook groups: “Any cash buyers looking for off-market properties in [City]?”

Attend real estate investor meetups or REIAs

Search public records for recent cash purchases

Call landlords and flippers on Zillow or Craigslist

Ask what they buy, where, and how quickly they can close.

✅ Step 6: Assign the Contract
Once you have a buyer, sign an Assignment of Contract form.

This officially transfers your right to buy the property to your buyer — in exchange for your fee.

Your buyer sends earnest money to the title company. On closing day, you get your fee and walk away.

✅ Step 7: Close and Get Paid
You don’t need to attend the closing — just make sure your title company or attorney knows you’re assigning the deal.

They’ll cut you a check or wire your funds once the buyer closes.

🎉 Congrats — you just made $5K–$15K with no risk, no loan, and no ownership.

🧰 Tools That Help You Close More Deals
You don’t need fancy software — but a few tools can help:

Flipster – pull leads, comps, and cash buyers

Batch Leads – skip trace and SMS sellers

Rehab Valuator – estimate ARV and repairs

DocuSign – sign contracts remotely

Google Voice – use a business number for free

Most have free trials or low-cost starter plans.

🧲 How to Repeat This Again and Again
The more sellers you talk to, the more deals you’ll close.

Focus on this weekly system:

Contact 50–100 leads per week

Follow up daily

Make 3–5 offers a week

Build relationships with 10+ cash buyers

Always have 1–2 deals in the pipeline

Once you have one deal closed, the second one comes faster.

📍Real Stories from Wholesalers
“I made $6,500 on my first deal with just a $10 earnest deposit.” — Lisa, Fort Worth, TX
“Got a $12K check flipping a contract I found on Facebook Marketplace!” — Chris, Atlanta
“I didn’t believe it until I walked away with $8,000 after 3 weeks of marketing.” — Ashley, Houston

It works. But only if you do.

📈 Final Thoughts — Your First Check Is Closer Than You Think
If you’re tired of side hustles that barely pay…

If you want to build wealth, freedom, or a new career…

Then wholesaling is your entry point into real estate — without all the risk.

You don’t need to be an expert. You don’t need to be rich.
You just need to be consistent, ethical, and hungry to succeed.

🎯 Ready to Make Your First $5K–$15K?
Download the Free Wholesaling Blueprint and get step-by-step instructions, scripts, contracts, and more:

👉 https://learningrealestateinvesting.com

Let your next move be your best move.