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How to Wholesale Real Estate in Austin

How to Wholesale Real Estate in Austin, Texas (Step-by-Step Guide)

wholesale real estate Aug 27, 2025

Key Takeaways: How to Wholesale Real Estate in Austin

What: A step-by-step, local guide on how to wholesale real estate in Austin—from finding motivated sellers to assigning contracts or double closing—so you can confidently wholesale houses in Austin the right way.

Why: Austin’s tech-driven economy, steady in-migration, and diverse neighborhoods create year-round demand for value-add deals—perfect for beginners learning how to wholesale houses in Austin with low startup capital.

How: Follow Texas-compliant tactics: analyze ARV/MAO, use assignable PSAs, market the contract (not the property), build a vetted cash-buyer list, and choose assignment or double close based on fee/privacy needs.

The capital of Texas moves fast, and that’s great news if you’re learning how to wholesale real estate in Austin. A deep tech/job base, constant in-migration, and a mix of classic bungalows, mid-century ranches, and newer infill make it a fertile market to source distressed properties and match them with cash buyers. You don’t need a huge bankroll, just a clear process, clean paperwork, and a title partner that understands assignments.

This playbook keeps it local and practical. You’ll learn how to wholesale houses in Austin legally and efficiently: pull tight comps, set ARV, calculate MAO, write assignable contracts, and decide when to assign versus double close. We’ll also give you city-specific tips (neighborhoods, data sources, investor groups) so you can start making smart offers today.


If you’re serious about doing your first real estate deal, don’t waste time guessing what works. Our FREE Training walks you through how to consistently find deals, flip houses, and build passive income—without expensive marketing or trial and error.

This FREE Training gives you the same system our students use to start fast and scale smart. Watch it today—so you can stop wondering and start closing.



Yes, wholesaling is legal when you follow state rules. If you’re unlicensed, you can market and sell your assignable purchase contract (your equitable interest)—not the property itself. In practice, you put a house under contract in Austin, then assign your position to a vetted cash buyer for a fee. That’s the compliant core of how to wholesale real estate in Austin and a proven way to wholesale houses in Austin without acting as a broker.

Texas guardrails come from the Texas Real Estate Commission (TREC) and the Texas Occupations Code. The plain-English rule: don’t act like a broker unless you’re licensed. That means no listing-style advertising of a property you don’t own, no representing a seller or buyer, and no commissions. Stay in bounds by presenting a contract opportunity, disclosing your equitable interest, and letting an investor-friendly Austin title company coordinate the closing. If anyone is uneasy about an assignment—or your spread is large—use a double close instead.

Want the official wording and definitions? Review TREC’s guidance and the Texas Occupations Code (real estate brokerage provisions). When in doubt, call your title company in Travis County (or neighboring Williamson/Hays) or a Texas real estate attorney before you market a deal.

Read Also: Is Wholesaling Real Estate Legal In Texas?

Legal Dos & Don’ts (Austin / Texas)
  • Do disclose in writing that you’re the buyer on contract and may assign your equitable interest.
  • Do market the contract (price, terms, upside)—not the property itself—if you’re unlicensed.
  • Do use an assignable PSA, a clear inspection window, and a separate assignment agreement.
  • Don’t hold yourself out as an agent or collect commissions without a license.
  • Don’t post MLS-style property ads or promise representation to a seller/buyer.
  • When in doubt: choose a double close and get advice from a Texas real estate attorney/title company.

Before you dive into contracts, here’s a quick side-by-side of the three legal ways investors wholesale houses in Austin. Use it to decide when to assign your equitable interest, run a double close to protect your spread, or wholetail after taking title—plus what you can legally market and the cash typically required.

If you’re learning how to wholesale real estate in Austin, this table helps you match the strategy to your buyer, timeline, and title company’s guidance. It’s a fast reference for how to wholesale houses in Austin while staying clear on disclosures, funding, and what appears on the HUD/CD.

 

Method When to Use You Market Capital Quick Notes
Assignment All parties comfortable with fee Contract rights (equitable interest) Low Fast; simplest path; disclose clearly
Double Close Large spread or pushback Nothing publicly (you close, then resell) Moderate (may use transactional funds) Two HUDs/CDs; keeps fee private
Wholetail Light rehab + retail exit Property (after you own it) Higher Hybrid; more holding risk

 

*Educational Only (Not Legal Advice): For deal-specific questions about Austin wholesaling, Texas assignment of contract, or whether to double close, consult a Texas real estate attorney and your title company. Mastering compliance is step one in how to wholesale houses in Austin.

How to Wholesale Houses Across Texas (Video Guide)

Before we zoom into Austin, it's a good idea to learn how to wholesale real estate in Texas. Contract rules and disclosure norms in the Lone Star State apply in every county—from Travis and Williamson to Hays and beyond—and many buyers and sellers operate across multiple metros. Master the Texas playbook once, and you’ll move faster and safer when learning how to wholesale real estate in Austin.

This short Texas wholesaling video walks through the exact workflow you’ll use locally: what’s legal in plain English, when to use assignment vs. a double close, how to build a cash buyers list that actually closes, and how to set ARV/MAO so your offers protect the spread. Watch it first, then apply the steps to wholesale houses in Austin.

  • Compliance snapshot (market the contract, not the property; coordinate with an investor-friendly title company)
  • Assignment vs. double close—how to protect privacy and handle pushback
  • ARV/MAO fundamentals so you never overpay in Austin submarkets
  • Fast ways to source and vet cash buyers in Travis/Williamson counties
  • Deal kit essentials buyers expect (comps, repairs, timeline, access, title status)


Watch for in the video:
  • Texas golden rule for compliance: market your contract (equitable interest) — not the property.
  • Assignment vs. double close in Texas: when to choose each, and how it impacts privacy and your fee on the CD/HUD.
  • Buyer list strategy for Austin: simple ways to attract real cash buyers and filter pretenders.
  • ARV & MAO made simple so your offers protect your spread from day one.
  • Non-disclosure state tip: why MLS-driven comps (via agent partners) beat portal-only pricing in Texas.

With the statewide foundation set, let’s apply it to Austin—local neighborhoods, contracts, buyers, and sellers—step by step. If you’re learning how to wholesale real estate in Austin, this is your on-the-ground playbook for finding leads, packaging deals, and closing wholesale houses in Austin the right way. We’ll keep it practical so you know exactly how to wholesale houses in Austin from first outreach to funding.

Real Student Proof (Texas): Sabbir’s Back-to-Back $22,000 Wins

Sabbir is a full-time tech professional and dad who wanted more security for his family. After earning a $5,100 assignment fee on his first wholesale deal, he recently closed his second and third Texas wholesale deals back-to-back for a combined $22,000—by committing just 2–3 hours a day to learning and taking action. Watch the video to see the exact steps he used (lead gen, ARV/MAO, title) and why our Ultimate Investor Program works for wholesale houses in Austin and across Texas.



Austin Real Estate Market Overview

Austin’s growth engine (tech, state government, higher education, and healthcare) keeps demand steady for rentals and renovated homes. For investors learning how to wholesale real estate in Austin, that means a reliable pipeline of motivated sellers and cash buyers across the metro. If your goal is to wholesale houses in Austin, pair tight underwriting with neighborhood-level nuance, and you’ll move deals year-round.

On the ground, activity concentrates around commute-friendly corridors, strong school zones, and walkable districts near dining, trails, and Lady Bird Lake. Single-family homes lead most wholesale exits, with townhomes and condos in select pockets. Use local data to spot real opportunities: City of Austin economic development updates for macro context, the Austin Board of REALTORS (ABoR) MLS for comps, the Travis Central Appraisal District (TCAD) for ownership and parcel details, and the Travis County Clerk for liens and recordings.

Use this neighborhood cheat sheet to spot where each Austin submarket fits into your acquisition plan—property types, price feel, and the investor angles wholesalers love. From walkable East Austin infill to dependable North Austin rentals and cosmetic flips in South Austin, this snapshot helps you choose the right exit for each deal.

If you’re learning how to wholesale real estate in Austin (or wholesale houses in Austin), pair this table with tight comps, days-on-market, and rent checks by block. Tag buyers by ZIP and rehab level so you can match opportunities to the right buy box fast.

 

Neighborhood / Area Typical Property Price Feel Why Wholesalers Like It
East Austin (78702/78721) 1950s–1970s bungalows, infill SFR, ADU potential Mid to upper Walkability and retail comps; strong value-add and ADU plays
North Austin / Tech Ridge (78758/78753) 1970s–1990s ranch SFR, townhomes Entry-level to mid Landlord demand; dependable BRRRR and light flip exits
South Austin (SoCo / St. Elmo / 78745) Cottages, 1960s–1980s SFR, small lots Mid High buyer pool; cosmetic updates sell quickly
Windsor Park / Mueller Mid-century SFR, newer infill near Mueller Upper-mid Strong retail comps; family-buyer demand for renovated homes
Riverside / Montopolis (78741) 1960s–1980s SFR, condos Value / mixed Close-in location; rental demand supports BRRRR exits
St. Johns / North Lamar (78752) Small SFR, duplexes Entry-level Affordability + proximity; steady investor interest
Greater Austin (Pflugerville / Round Rock) 1990s–2010s SFR, planned communities Mid Larger buyer pool; predictable comps and days-on-market

 

Why Austin for Wholesalers?
  • Diverse demand drivers (tech, government, UT Austin, healthcare) support year-round activity.
  • Entry points from value areas to premium central pockets—choose the zip that fits your buyers.
  • Multiple exits: assignment, double close, wholetail, BRRRR, and retail flips.
  • Data-rich ecosystem: ABoR MLS for comps, TCAD for parcels/ownership, Travis County Clerk for liens/recordings.
  • If you’re learning how to wholesale houses in Austin, disciplined ARV/MAO and local buyer relationships make deals move.

Always verify comps, days on market, and rent potential before you write offers. Street-by-street shifts are common in Austin—tight underwriting protects spreads when you wholesale houses in Austin.

How to Wholesale Real Estate in Austin (Step-by-Step)

Use this Austin-specific playbook to go from zero to closed assignment. Skim the steps, then dig into each one for tactics, scripts, and examples tailored to how to wholesale real estate in Austin and consistently move wholesale houses in Austin from contract to close:

  1. Partner with a Wholesale Mentor
  2. Learn Austin/Texas Wholesaling Laws & Contracts
  3. Analyze the Austin Market (Comps, ARV, MAO)
  4. Build a Cash Buyers List in Austin
  5. Find Motivated Sellers & Distressed Properties
  6. Put Properties Under Contract
  7. Assign Contracts to Cash Buyers
  8. Close Deals & Collect Your Assignment Fee
  9. Double Close When Necessary

Partner with a Wholesale Mentor

If you want to learn how to wholesale houses in Austin without guesswork, a proven wholesale mentor shortens the path—deal analysis, Texas paperwork, seller conversations, and connections to real cash buyers who actually close in Travis, Williamson, and Hays Counties.

Start local. Show up where active investors trade deals and title intel—Austin Investor Network (AIN), RENC Austin meetups, and BiggerPockets gatherings. If you want structured coaching and accountability, our Ultimate Investor Program gives you step-by-step guidance, scripts, contract support, and real-time feedback.

Mentorship Matters: What You Gain
  • Deal clarity: comps, ARV, and MAO you can defend before making offers.
  • Contract control: Texas-friendly PSAs, right-sized contingencies, and clean assignments.
  • Real buyers: introductions to Austin-area cash buyers who close with title.
  • Fewer missteps: avoid unlicensed activity, disclosure gaps, and title surprises.
  • Momentum: accountability, checklists, and “do this next” coaching.

Quick checklist: how to choose the right mentor/coach:

  • Recent Austin-area deals (assignments and double closes).
  • Understands TREC rules and works smoothly with Texas title companies.
  • Real buyer access (criteria, price ranges, proof of recent closes).
  • Systemized training with milestones, scripts, and deal reviews.
  • Weekly touchpoints or office hours (not just a course portal).

Need a Mentor? Start Here (Free PDF)

Thinking, “I just need someone to show me the moves”? That’s us. Grab our free, step-by-step PDF that shows you how to wholesale real estate in any state (including Texas and Austin)—from legal basics to buyers lists, offers, and closing. It’s concise, actionable, and built for your first deal. Download the free guide now.

Download wholesale real estate state-by-state guide

Learn Austin/Texas Wholesaling Laws & Contracts

Paperwork is where good deals become real. In Texas, you’re not selling the house; you’re selling your equitable interest in a purchase contract. That means Texas real estate contracts and clear disclosures. If you’re newer, get these basics dialed before you market a single contract in Austin.

Core documents to understand (plain-English breakdown):

  • Purchase & Sale Agreement (PSA)
    • Must-have: an assignment clause so your interest is transferable.
    • Protection: a clear inspection option period to verify condition, title items, and numbers.
    • Clarity: realistic close date, access for contractors/inspectors, and seller disclosures.
  • Assignment of Contract
    • Purpose: transfers your contract rights to the cash buyer for an assignment fee.
    • Transparency: fee disclosed; all parties acknowledge the assignment; title pays you on the statement.
    • Flow: your fee appears on the HUD/CD and is disbursed by the title company at closing.
  • Double-Close Docs (when needed)
    • Two closings: A→B (you buy), then B→C (you sell)—sometimes same day.
    • Funding: short-term transactional funding may be required.
    • Why: privacy around your spread or if either party dislikes assignments.
Texas Compliance Snapshot
  • Unlicensed? Market the contract, not the property; avoid acting like a broker.
  • Use assignable PSAs and clear disclosures; keep all marketing accurate.
  • Coordinate everything through a wholesale-friendly title company.

Note: Texas is a non-disclosure state—MLS access (ACTRIS/ABoR) is critical for accurate comps. Review TREC advertising rules if you publish deal info.

wholesale real estate contract pdf

 

Method When to Use Pros Cons Funding
Assignment All parties OK with fee & disclosures Fast; low capital; simple Fee is visible; occasional pushback Low (EMD + ops)
Double Close Large spread or privacy concerns Keeps spread private; cleaner optics Two closings; extra costs Moderate (often transactional)
Wholetail Light rehab + retail exit possible Higher ARV; retail buyer pool Holding risk; more capital/time Higher (purchase + holds)

 

How to Analyze the Austin Market (Comps, ARV, MAO)

Great wholesaling starts with great numbers. In Austin, pull tight comps, set a realistic ARV, estimate repairs, and back into a disciplined MAO so your buyer profits and you get paid.

  1. Define the subject: beds/baths, year built, square footage, lot size, construction, garage/pool, and neighborhood boundaries.
  2. Pull comps: use ACTRIS (ABoR) if you have access; Texas is non-disclosure, so MLS beats portals. Target sold within ~0.5–1.0 miles, past 3–6 months (stretch to 12 months if thin), similar size (±15%), and like-kind condition.
  3. Filter & adjust: remove outliers; account for upgrades, condition, beds/baths, and GLA.
  4. Set ARV: from your top 3 most similar sold comps, take a median price/ft or sale price and apply to your subject (post-renovation).
  5. Estimate repairs: roof, HVAC, kitchen, baths, flooring, paint, exterior, windows, MEPs.
  6. Calculate buyer target: many Austin flippers underwrite around ARV × 70% − repairs (landlords may underwrite to cash flow).
  7. Back into MAO: buyer target price minus your assignment fee and any unusual costs.
  8. Pressure-test: sanity-check DOM, rent comps (if selling to BRRRR buyers), and submarket momentum.

MAO formula (quick math):
MAO ≈ (ARV × Buyer Discount %) − Estimated Repairs − Buyer’s Soft CostsYour Assignment Fee

Data Sources for Austin Deals
  • ACTRIS (ABoR): best comp data (sold/active/pending), DOM, agent remarks.
  • Travis Central Appraisal District (TCAD), Williamson CAD (WCAD), Hays CAD: ownership, parcel data.
  • County Clerks: liens, probates, notices—Travis, Williamson, Hays.
  • Public portals (Zillow/Redfin/Realtor): quick photos/features; verify with MLS when possible.
  • Title & contractor quotes: ground truth on curative issues and rehab budgets.

If you consistently define the subject, pull tight comps, set ARV, estimate repairs, and work backward to a disciplined MAO, you’ll protect your spread and the buyer’s profit every time. This repeatable workflow is the engine behind how to wholesale houses in Austin.



Build a Cash Buyers List in Austin

Your buyers list is oxygen. In Austin, that means investors who actually close—people with criteria, proof of funds, and a track record. Build it once, nurture it forever.

To find real buyers, stay visible locally: Austin Investor Network and RENC events, first-Tuesday courthouse auctions (Travis/Williamson/Hays), investor-friendly agents, and active Facebook/BiggerPockets threads.

Top Places to Find Buyers (Austin)
  • REI meetups: AIN, RENC, local investor coffees, flip tours.
  • Auctions: Introduce yourself to bidders at first-Tuesday courthouse sales.
  • Investor-friendly agents: Ask for their cash clients’ buy boxes and recent HUDs/CDs.
  • Online communities: Facebook investor groups, BiggerPockets, local Reddit threads.
  • Vendors who know closers: Title companies, hard-money lenders, contractors, property managers.
  • Referrals: Happy buyers know other buyers—ask for two intros.
  • Landlord lists & mailers: Target non-owner-occupied owners by ZIP (78741, 78744, 78753, 78745, etc.).

Before sending a contract, confirm POF, entity/signatory, preferred title, deposit amount, close timeline, and recent closings. Capture each buyer’s criteria (neighborhoods—East/South/North Austin, Montopolis, Windsor Park, Georgian Acres; suburbs—Round Rock, Pflugerville, Manor, Kyle, Buda, Leander, Cedar Park), price ceiling, beds/baths, and rehab level. Tag in your CRM so each deal email hits the right people.

Cash Buyer Vetting Checklist
  • POF dated ≤30 days (bank/line or hard-money approval).
  • Entity + signer on offers; W-9 on file.
  • Buy box: zips, max price, beds/baths, rehab level, rental vs. flip.
  • Closes in ≤14–30 days; EMD ready (and amount).
  • Recent HUDs/CDs or references from title/lenders/agents.
  • Title company preference; assignment-friendly?
Copy-Paste Deal Email (keep it tight)

Subject: AUSTIN Contract — 3/2 78745 — $365k — ARV ~$520k — 14-Day Close

Body:
1234 Example Dr, Austin, TX 78745 (3/2, 1,320 sf, 1972, slab).
Asking: $365,000 | ARV: ~$520,000 | Est. Repairs: ~$45,000
Comps: 5678 Maple ($518k), 9101 Oak ($525k), 1213 Pine ($512k)
Access: lockbox by appt. Title: Investor-friendly; assignment OK.
Terms: EMD $5,000 | Close ≤14 days | Buyer pays closing costs.
Reply “78745 365” with POF for address & walkthrough time.



Find Motivated Sellers & Distressed Properties

Deals start with people who need to sell—landlords with tired rentals, heirs handling probate, owners behind on payments, or homeowners who don’t want to list. Stack the methods below, and you’ll never run out of leads in Austin.

Offline Tactics (boots on the ground)
  • Driving for Dollars: note vacant/overgrown/tarped-roof homes; snap pics + tag your map.
  • Door Hangers & Leave-Behinds: short, friendly “we buy as-is” with a local number.
  • Agent & Contractor Referrals: tell investor-friendly agents, roofers, and property managers your buy box.
  • Landlord Outreach: mail N/O/O lists by Austin-area ZIPs.
  • Networking: ask each buyer/vendor for two seller referrals; track them.
Online & Records (fastest scale)
  • MLS (on-market wholesaling): pull “as-is/investor special/TLC” in ACTRIS (ABoR).
  • Distressed Portals & Auctions: watch auction calendars; network with bidders.
  • Skip Tracing: call/text owners you spotted while driving for dollars.
  • Public Records: Travis/Williamson/Hays Clerks for lis pendens, probate, divorce, tax liens.
  • Ownership & Parcels: confirm via TCAD/WCAD/Hays CAD.
Signs of a Motivated Seller (quick screen)
  • Vacant or inherited property; probate paperwork in progress.
  • Pre-foreclosure notice, tax liens, or code violations.
  • Repairs bigger than savings: roof/HVAC/foundation/kitchen/bath.
  • Out-of-state owner or long-distance landlord with recent evictions.
  • Timeline pressure: job move, divorce, medical bills, or estate closure.

If you’re learning how to wholesale real estate in Austin, track every touch in a simple CRM—owner info, best contact method, condition notes, timeline, and price talk—and tag by ZIP to match deals to buyers fast.

Keep marketing on the up and up, respect Do-Not-Call rules, honor opt-outs, and never misrepresent your role. When in doubt, ask your title company or a Texas real estate attorney before launching a campaign.



Put Properties Under Contract

Turn talk into a deal. Use your ARV, repair estimate, and MAO to present a clean, assignable Texas purchase agreement with a modest EMD, clear timelines, and plain-English explanations of your equitable interest. Let the title company quarterback the details.

  1. Price it right first: confirm ARV from tight comps, estimate repairs, and set MAO.
  2. Present simply: short close timeline, reasonable option/inspection window, and clear cost allocations.
  3. Draft an assignable PSA: include assignment clause, access language, realistic close date, and disclosures.
  4. Open escrow & deliver EMD: send the executed PSA to title, wire EMD, confirm receipt; ask title for any curative items early.
  5. Inspect & lock path to closing: finalize repairs, confirm buyer interest, then assign—or plan a double close if privacy/pushback requires it.
Negotiation Tips (keep it friendly)
  • Lead with certainty: “We’ll use a local title company and close on your timeline.”
  • Keep it simple: fewer contingencies, clear dates, no jargon.
  • Trade, don’t take: swap price, access, credits, and timelines as needed.
  • Be transparent: explain you may partner with another buyer (assignment).
  • Write while you talk: draft the PSA the same day you agree in principle.

*For in-depth training on real estate investing, Real Estate Skills offers extensive courses to get you ready to make your first investment! Attend our FREE Webinar Training and gain insider knowledge, expert strategies, and essential skills to make the most of every real estate opportunity that comes your way!

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Use this rehab scope checklist to size up Austin houses fast—what to inspect and how much work (light, moderate, or heavy) to expect for each item. Whether you’re learning how to wholesale real estate in Austin or planning a wholetail, pairing scope with ARV/MAO helps you price offers that protect your spread.

From roofs and HVAC to kitchens, baths, and systems, the table outlines typical upgrade tiers plus quick notes (e.g., permit history, aluminum wiring, cast iron) so you can set realistic budgets and set expectations with sellers and cash buyers up front.

 

Item Light Moderate Heavy Notes
Roof Patch/maintenance Partial replacement Full tear-off & replace Confirm age & permit history
HVAC Service/repair System swap Full system + ducting Verify tonnage & age on site
Kitchen Paint/hardware Cabinets/counters Full gut & layout changes Finish level drives cost
Bathrooms Cosmetic refresh Tub/shower & vanity Full gut & plumbing Older homes may need re-plumb
Electrical/Plumbing Minor fixes Panel/fixtures or re-pipe sections Full rewire or re-pipe Check aluminum wiring/cast iron
Floors/Paint Spot fixes/interior paint Full interior repaint + LVP/carpet Interior/exterior + premium flooring Verify subfloor and moisture

 

Assign Contracts to Cash Buyers

With a signed, assignable PSA, package the opportunity so buyers can underwrite in minutes: address, photos, property facts, three best ARV comps, repair estimate, your assignment price, access instructions, timeline, and title status. Remember, you’re marketing the contract—not the property—and you should send it to vetted Austin buyers whose criteria match.

Execute the assignment with a simple agreement that discloses your fee, names the buyer’s entity, and instructs title to pay your fee on the HUD/CD. Collect a buyer deposit (often non-refundable after inspection), confirm POF, and set a short decision window. Keep backups warm so you can pivot quickly if needed.

Assignment Fee Basics (clear, simple, compliant)
  • Disclose the fee in the assignment; all parties know how you’re paid.
  • Title pays you on the closing statement—no side deals.
  • Decision window 24–72 hours with a buyer deposit to keep momentum.
  • Have backups ready by ZIP/price/rehab level.
  • Use a double close if there’s pushback or a large spread.


Example fee calculation (illustrative):
ARV = $520,000 · Repairs ≈ $45,000 · Buyer target ≈ ARV × 70% − repairs = $319,000
Your fee goal = $12,000 → MAO to seller ≈ $319,000 − $12,000 = $307,000
If you contract at $300,000, your final assignment fee becomes $19,000 at closing.

Close Deals & Collect Your Assignment Fee

The finish line is a clean title, clear communication, and a settlement statement showing your fee paid by title. Work with an investor-friendly Austin title company that understands assignments and double closes for a smooth wire-to-recording process.

  1. Open escrow: send the PSA (and assignment if signed) to title; request wire instructions and a timeline.
  2. Buyer deposit: have the buyer send EMD to title; confirm receipt in writing.
  3. Title search & curative: title pulls liens/judgments and clears clouds; you assist with contacts/docs.
  4. Settlement prep: title drafts the HUD-1/CD (or ALTA). Your assignment fee shows as a line item.
  5. Docs & scheduling: coordinate signing (in-office, mobile notary, or RON).
  6. Final walkthrough (if needed): buyer confirms condition/access.
  7. Funding & disbursement: buyer wires funds; title balances the file; your fee is disbursed per instructions.
  8. Recording: title records the deed and sends final docs/receipts.
  9. Post-close package: save the settlement statement, wire confirm, and recorded docs.

 

Company Services Why Wholesaler-Friendly
Title Partner A (Example) Assignments, double closes, mobile notary, RON Assignment shown on HUD/CD; quick curative; same-day wires
Title Partner B (Example) Investor escrows, lien resolution, HOA/payoff support Transparent fees; investor-savvy processors; clear checklists
Title Partner C (Example) Transactional funding coordination, eRecording, remote sign Understands double-close timing; tight communication

 

Avoid Last-Minute Delays
  • Send a complete file: PSA, addenda, assignment, IDs, entity docs, payoffs, HOA contacts.
  • Confirm wires early: buyer funds ETA and your disbursement instructions.
  • Clear access questions: lockbox codes, utilities on, and walkthrough window.
  • Review the settlement draft 24 hours prior; verify your fee on HUD/CD.
  • Have a backup notary/window in case a signer runs late.

 

Double Close When Necessary

A double close (aka simultaneous closing) = two back-to-back transactions—A→B (you buy) and B→C (you sell)—often the same day. It’s smart in Austin when you want privacy around your spread, there’s assignment pushback, or a buyer requires you to be in the chain of title. Expect two sets of closing costs and tighter coordination with the title.

No cash for A→B? Use transactional funding, typically repaid a few hours later by B→C proceeds. Coordinate wire cut-offs early, confirm both HUDs/CDs, and keep everyone on one email thread with title.

Double Close: Pros & Cons
  • Pros: preserves fee privacy; reduces assignment objections; satisfies buyers needing you on title.
  • Cons: two closings = extra costs/coordination; may require transactional funding.
  • Use in Austin when: fee is large, seller/buyer dislikes assignment, or institutional buyers insist on deed-chain continuity.

Mastering this workflow—transactional funding, two HUDs/CDs, tight timing with a savvy title partner—keeps spreads protected and closings on track. Do it alongside your assignment playbook, and you’ll wholesale houses in Austin with fewer headaches and faster paydays.

Pros & Cons of Wholesaling Houses in Austin

Every market has trade-offs. Here’s a look at why investors like Austin for wholesaling, and the frictions you should plan for as you scale. Use this to shape your strategy for how to wholesale real estate in Austin.

 

✅ Pros ❌ Cons
Low capital to start (assignments-first model) Heavy competition in hot ZIPs (e.g., 78704, 78702, 78745)
Fast deal cycles in entry-level suburbs (Pflugerville, Manor, Kyle/Buda, Hutto) Income swings month-to-month; pipeline discipline required
Strong job growth & in-migration support retail and rentals Seller pushback on visible assignment fees (“wholesaler fatigue”)
Multiple exits: assign, double close, wholetail, BRRRR Texas compliance learning curve (market the contract, not the property)
Scalable systems & repeatable outreach across Travis/Williamson/Hays Thin spreads near the urban core; higher land/finish expectations
Data-rich ecosystem (ABoR/ACTRIS, TCAD, county clerk records) Deal fallout risk: liens, HOA issues, curative delays at title
Year-round activity; steady demand from flippers & landlords Persistent marketing & follow-up needed; ad costs can creep
Title partners experienced with investor closings and assignments Property taxes/insurance can compress buy boxes for your end buyers

 

Austin is beginner-friendly yet rewards pros who master underwriting, set expectations with sellers, and stay compliant. If you’re learning how to wholesale houses in Austin, build real buyer relationships, keep backups ready, and switch to a double close when privacy or pushback appears. That combo keeps your pipeline (and reputation) strong while you wholesale houses in Austin.

Austin Resources: Title Cos, REI Groups & Tools

Here are the local links and tools you’ll lean on when learning how to wholesale real estate in Austin—from investor-friendly title companies to data sources and networking hubs. Bookmark this and build your “deal ops” stack once, then reuse it on every contract when you wholesale houses in Austin.

  • Title companies (investor-friendly):
    • Ask for processors who routinely handle assignments and double closes (request a redacted HUD/CD as proof).
    • Use the ALTA directory to vet licensed firms; confirm they’ll disburse your assignment fee on the closing statement.
    • Confirm recording details/timing with the Travis County Clerk (and if needed, Williamson and Hays counties for suburban deals).
    • Ask about Texas RON/mobile notary, same-day wires, and typical turnaround on curative items.
  • REI groups & networking:
    • Austin REIA & local investor meetups: meetings, classes, flip tours, buyer intros.
    • Agent and contractor breakfasts: ask which title companies and crews actually close on time.
    • Online communities: Austin-area Facebook investor groups & BiggerPockets threads (post buy boxes and recent HUDs).
  • Government & public data (Austin metro):
    • Travis County Clerk: liens, lis pendens (pre-foreclosure), probate, recorded docs.
    • Travis Central Appraisal District (TCAD): ownership, legal descriptions, parcel maps (add WCAD for Williamson and Hays CAD for Hays County when relevant).
    • City of Austin – Economic Development: growth drivers, incentive areas, and corridor initiatives.
  • MLS & market intel:
    • ABoR / ACTRIS MLS: best source for comps, DOM, remarks; use distress keywords (“as-is,” “investor special,” “needs TLC”).
    • Texas Realtors research: statewide trends to sanity-check ARV and MAO assumptions.
  • Tools (deal flow & operations):
    • Skip tracing & outreach: build owner contact lists from driving-for-dollars and public records; log every touch.
    • CRM: track buyers by ZIP, price ceiling, rehab level; tag sellers by lead source and timeline.
    • Public portals: Zillow/Redfin/Realtor for photos & quick comps (verify with MLS before offers).
    • File room: neat folders for PSA, assignment, addenda, IDs, proof of funds, and settlement statements.
How to Pick a Title Company in Austin (fast checklist)
  • Handles assignments and double closes weekly (ask for a redacted HUD showing the assignment line).
  • Clear, written policy to pay your fee on the HUD/CD (no off-statement side deals).
  • Responsive curative team (liens, probates, HOA/payoffs) and a day-one checklist.
  • Comfortable with investor timelines: 10–21 day closes, mobile notary/RON, same-day wires.
  • Great communication: processor intro, target dates, and wire cut-off confirmations in writing.

Locking in these Austin resources gives you the backbone for repeatable deals—title partners who understand assignments and double closes, REI groups that connect you to real buyers, and data sources that keep your numbers tight. Use this stack on every file and you’ll move faster, stay compliant in Texas, and sharpen the offers that win. It’s the practical infrastructure behind how to wholesale houses in Austin—and the day-to-day engine of wholesaling real estate in Austin.

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  • Wholesaling basics: ARV, making data-backed offers, and choosing between assignment vs. double close.

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Austin Wholesaling FAQ

Here are quick answers to the most common questions people ask when searching for how to wholesale real estate in Austin. Use this to learn how to wholesale houses in Austin confidently, stay compliant, and close faster.

Is wholesaling real estate legal in Austin, Texas?

Yes, wholesaling is legal when you market your assignable contract, not the property, and follow Texas law. Work with an investor-friendly title company and consult a Texas real estate attorney when unsure.

Do I need a real estate license to wholesale houses in Austin?

No license is required to assign your contractual interest. Avoid acting as an agent or advertising the property like a listing.

How do I wholesale real estate in Austin step by step?

Find a motivated seller, secure an assignable purchase contract, then assign or double close with a vetted cash buyer. Ground your offer in tight comps, ARV/MAO, and close through title.

What contracts do I need to wholesale houses in Austin?

Use a Texas-friendly Purchase and Sale Agreement with an assignment clause plus an Assignment of Contract. For privacy or pushback, use a double close with two settlement statements.

How much earnest money do wholesalers put down in Austin?

Common EMD ranges from $100–$1,000 based on price and seller expectations. Deposit it with the title company by the date in your contract.

What is a typical assignment fee in Austin?

Many fees land between $5,000 and $25,000+, depending on spread, ARV, and risk. Strong buyers and clean files command better fees.

Where can I find cash buyers in Austin fast?

Leverage REI meetups, ABoR/MLS distress searches, auctions, and introductions from title companies and hard-money lenders. Build a segmented list by ZIP, rehab level, and price ceiling.

Can I wholesale properties listed on the MLS in Austin?

Yes, if the agreement allows assignment and the seller/broker consent. Disclose intent and follow MLS rules and timelines.

How long does a wholesale deal take in Austin?

Many assignments close in 14–30 days with a committed buyer and clear title. Double closes can add a few days for funding and two settlements.

Is a double close legal in Texas?

Yes, double closes are common to preserve fee privacy or satisfy buyer requirements. Expect two closings and additional costs.

Which Austin areas are popular for wholesaling?

Investors often watch East Austin, North Austin, Pflugerville, Round Rock, and Buda/Kyle corridors. Always verify comps and days on market street by street.

Can I wholesale houses in Austin with little money?

Yes, the main costs are marketing, EMD, and due diligence, which can be kept lean. Knowledge, buyers, and clean paperwork matter more than a big budget.

What are ARV and MAO in Austin wholesaling?

ARV is after-repair value; MAO is the highest price that still leaves profit for your buyer and your fee. Use recent, like-kind comps and conservative repair estimates.

How do I stay compliant while wholesaling houses in Austin?

Market the contract, use clear disclosures, and have the title pay your fee on the HUD/CD. When in doubt, double close and get local legal guidance.

Final Thoughts & Next Steps

Ready to put this into action? You’ve learned how to wholesale real estate in Austin—from Texas-compliant contracts and ARV/MAO math to building a cash buyers list, finding motivated sellers, and choosing assignment vs. double close. Austin’s steady demand and diverse submarkets reward wholesalers who follow the numbers and stay compliant. If you’ve been on the fence about wholesaling houses in Austin, this is your sign: start today. Lock in a mentor, pick a title partner, and take the next step—your first signed contract can be closer than you think.


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*Disclosure: Real Estate Skills is not a law firm, and the information contained here does not constitute legal advice. You should consult with an attorney before making any legal conclusions. The information presented here is educational in nature. All investments involve risks, and the past performance of an investment, industry, sector, and/or market does not guarantee future returns or results. Investors are responsible for any investment decision they make. Such decisions should be based on an evaluation of their financial situation, investment objectives, risk tolerance, and liquidity needs.

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