Why Wholesale in Catawba County?
Strong investor demand and motivated seller opportunities create profitable wholesale deals.
Strong cash buyer network for quick assignments
Typical wholesale fees on Catawba County deals
Typical wholesale contract price point
Best Wholesale Markets
Hickory East Side
Older homes with strong investor demand
ARV: $180K-$280K
Assignment: $8K-$12K
Newton Historic District
Vintage properties near downtown
ARV: $220K-$350K
Assignment: $10K-$15K
Conover
Affordable homes for rental investors
ARV: $200K-$280K
Assignment: $7K-$10K
Wholesale Support Services
Everything you need to build a successful wholesale real estate business.
Deal Sourcing
Access motivated seller lists, probate leads, pre-foreclosure opportunities, and distressed property owners looking for quick cash sales at wholesale prices.
Deal Analysis
Accurate ARV calculations, repair estimates, and market analysis to determine maximum allowable offer (MAO) and ensure profitable wholesale margins.
Contract Expertise
Proper assignment contract structure, purchase agreements with assignable clauses, and legal compliance for wholesale transactions in North Carolina.
Buyer Network
Connections to cash buyers, fix-and-flip investors, and landlords actively seeking wholesale deals in the Hickory-Newton market for quick assignments.
Marketing Support
Property marketing materials, investor presentations, and distribution strategies to attract qualified buyers and close assignments quickly.
Title & Closing
Connections to investor-friendly title companies experienced with wholesale assignments, double closes, and quick closing timelines.
The Wholesale Process
How to successfully wholesale properties from contract to assignment.
Find Motivated Sellers
Target distressed properties, probate situations, divorce sales, inherited homes, pre-foreclosures, and sellers facing financial hardship. Use direct mail, door knocking, and driving for dollars.
Analyze the Deal
Calculate ARV using recent comps, estimate repair costs with contractor input, determine your assignment fee ($8-15K), and calculate maximum allowable offer (typically 65-70% of ARV minus repairs).
Get Property Under Contract
Use assignable purchase contract with inspection period (7-14 days), earnest money deposit ($500-1,000), and 30-45 day closing timeline. Include "and/or assigns" after buyer name for assignment rights.
Market to Cash Buyers
Blast property details to buyer list (email, text, social media), show property to interested investors, provide ARV analysis and repair estimates, and negotiate assignment fee with end buyer.
Close the Assignment
Execute assignment contract with cash buyer, coordinate with title company, ensure end buyer brings funds to closing, and collect your assignment fee at closing (typically $8,000-$15,000).
Wholesale Success Strategies
Proven tactics for building a profitable wholesale business in Catawba County.
Deal Finding Strategies
- ✓Drive for dollars in Hickory and Newton targeting distressed properties
- ✓Direct mail campaigns to absentee owners and pre-foreclosure lists
- ✓Probate court monitoring for inherited property opportunities
- ✓Networking with divorce attorneys and estate planning lawyers
- ✓Facebook marketplace and Craigslist for FSBO motivated sellers
Buyer List Building
- ✓Network at local real estate investor association (REIA) meetings
- ✓Build relationships with active fix-and-flip investors and landlords
- ✓Create Facebook group for Catawba County real estate investors
- ✓Partner with hard money lenders who know active cash buyers
- ✓Maintain detailed buyer database with investment criteria and proof of funds
Example Wholesale Deal
Typical wholesale transaction breakdown in Hickory, NC.
Timeline: Contract to assignment in 30 days
Your earnest money: $1,000 (returned at closing)
Net profit: $11,000 for 30 days of work
Start Wholesaling Today
Let Lisa J. Smith help you access wholesale deals and connect with cash buyers in Catawba County. With over 10 years of local expertise and $35M+ in career sales, she has the market knowledge and investor network to help your wholesale business succeed.
Wholesale Investment Expertise
Lisa works with wholesalers and investors throughout Catawba County, providing market analysis, buyer connections, and deal evaluation expertise. She understands wholesale strategies and can help you build a profitable assignment business with consistent deal flow.