The “Work Flow” Submission Criteria for high speed

We are under a time constraint on every deal, we must move fast:

1. Street View Completed

CLICK HERE to see how to use Redfin for good street view. Property verified. Surroundings evaluated.

2. Complete Photo Package

Female wholesalers take a friend with you when creating media at vacant properties.

Interior and exterior photos including: (if photos are online give us

the link or submit them below:)

• Roof

• Mechanical systems

• Kitchen & baths

• Basement / foundation

• Electrical panel

• Major damage areas

No photos = no accurate valuation.

AND OUR TEAM QUICKLY CREATES YOUR MARKETING PACKAGE TO GET YOUR DEAL SOLD FAST!

3. Mortgage Payoff Verified

Find the approx payoff just by asking the agent or seller (if FSBO) .

If there’s very little walking  money for the seller at our contract price

we usually won’t be able to get it closed. Very few sellers will take money out

of their pocket to close. Back taxes or liens must be disclosed.

4. Seller Motivation Confirmed

Clear reason for selling. Defined timeline to close.

“Testing the market” is not sufficient motivation.

5. Fully Executed Assignable Contract

• All signatures

• Assignment clause confirmed

• Earnest money defined (normally it’s $100 EMD to get the escrow open then $2000 nonrefundable after we have the end buyer in place.)

• Inspection period clearly stated (normally we want 20 business days inspection which is a month, usually the deals close faster than that but set your seller’s expectations.

• We will want you to add our “Buyer Disclosure Statement” to your contract as an attachment.
• This lets all parties know we hope to make a profit and we are investors, not retail buyers.

6. Minimum 10 Business Days Remaining

     Yes, we know you are stressed out when you are coming close to the end of your inspection period and you still don’t have your deal closed. Call us and let’s see if we can help you.

Less than 10–14 business days severely reduces probability of success. Call us IMMEDIATELY if you are running out of time. 

7. Basic Repair Estimate

Light / Medium / Heavy classification minimum.
Major systems condition identified.

Note: at this time we are not taking full gut rehabs. Heavy lumber is now too expensive and

most contractors won’t buy a gut rehab unless we can get a decent price. There is always a reason a gut rehab is abandoned, the end-buyer contractor must make $ because they have the highest risk. Cosmetic rehabs only for now. (reface walls with 1/4 drywall etc.)

8. Investor Comps (Not Retail Comps)

Wholesalers reality check, Don’t do deals way out in the sticks…

Listen you guys. We have tools that tell us every contractor and rental property buyer in the USA, when they bought it, how much they paid for it, and what their profit was when they sold it. Our team of Philippines-based assistants manually slow-emails the marketing package we create to give us maximum in-boxing. These end buyers are directed to contact Tom Saylor directly. We are very efficient. We like to have a bare minimum of 25-30 local end buyers. There are very few buyers for properties out in rural areas, and if they are outside suburban areas it is slim pickings for wholesale investor-type buyers. We want to be in the 80% chance of closing range when we work on your deal. We will steer you towards properties we are confident we can close on. Don”t waste time on properties out in the sticks. Yes there are some beautiful farm houses out in the rural area. But these are not properties that are easy to sell to investors. www.jvflip.pro

9. Title & Legal Status Reviewed

• Probate?

• Divorce?

• Bankruptcy?

• Tenants?

• Code violations?

Let’s find out the issues before we spend time on it, all of these issues can impact how fast we can get your deal closed.

10. Access Plan Established

Vacant or occupied? Current rents? M-T-M or lease?
Lockbox installed? Can we put our lockbox on?
What are the showing conditions? Difficult, uncooperative tenants?

Evictions with children involved? We do not put kids on the street, we must have a plan in place PRIOR to closing.

11. ARV Reality Check

Does the end investor have room for a decent profit after rehab?

If not, it will not move.

12. Communication Commitment

You must be available for:

• Same-day responses

• Price adjustments if market rejects

• Coordinated buyer access

Deals fail when communication fails.