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The DealMachine Real Estate Investing Podcast

316: How to Lock Up Your First Deal (The Right Way)

Learn how to lock up your first deal the right way with the three essential contracts every wholesaler needs.
Broadcast on:
21 Mar 2025

Locking up your first real estate deal is easier than you think—if you know what you're doing. In this episode, we break down the three essential contracts every wholesaler needs: the purchase agreement, the assignment contract, and the JV agreement. You'll learn how to secure a deal, protect yourself from losing it, and find the right buyers to close fast.

 

KEY TALKING POINTS:

0:00 - The Contracts You Need To Lock Up Your Deals

0:42 - The Purchase Agreement

5:35 - The Assignment Contract

7:38 - The JV Agreement

8:57 - How To Sell Your Deal

14:39 - Building A Business That Produces Cash

18:33 - Outro

 

LINKS:

Instagram: David Lecko

https://www.instagram.com/dlecko

 

Website: DealMachine

https://www.dealmachine.com/pod

 

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

 

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

Learn how to lock up your first deal the right way with the three essential contracts every wholesaler needs.