📝 Overview:

In this value-packed episode of the Generations of Wealth podcast, host Derek Dombeck interviews Peter Russell, a seasoned real estate wholesaler and founder of a nationwide transactional funding company. They dive deep into the evolution of wholesaling, the impact of shifting laws, and the critical role of transactional funding in today’s market. Listeners gain firsthand insights into how Peter scaled his business, navigates legal changes, and keeps the process smooth for investors and title companies alike.

💡 Key Takeaways:

• Wholesaling Evolution: Peter went from bandit signs to multi-state operations, then transitioned into funding.

• Transactional Funding Explained: A same-day, double-closing method that helps wholesalers protect profits and remain compliant.

• Why Wholesalers Need Double Closings: Large assignment fees and legal restrictions are making it essential.

• The Legal Landscape: Anti-wholesaling legislation is growing—knowledge and adaptation are key.

• Operational Excellence: Clear communication and efficient systems are the backbone of a successful funding company.

• Low-Risk Lending: Transactional funding offers minimal risk when done right—Peter outlines his secure process.

🎧 Why Should You Listen?

If you're a wholesaler, flipper, or real estate investor navigating the post-2020 market, this episode is essential. You'll learn how to:

• Avoid common wholesaling pitfalls.

• Stay compliant amid tightening regulations.

• Close more deals using double closings.

• Understand the real process behind transactional funding.

• Hear straight talk from someone who’s done 200+ deals in 18 months.

🗂️ Relevant Topics Discussed:

• Real estate wholesaling journey

• Double closings & transactional funding

• Legal changes in wholesaling (e.g., North Carolina, Illinois, Ohio)

• Protecting profit margins through deal structure

• Scaling a lean business

• Title company challenges & best practices

• Earnest Money Deposits (EMD) funding

• Sales and negotiation skills in real estate

⏱️ Timestamps Guide          Time                                    Topic 00:00 – 02:30    Intro to Peter Russell & episode theme 02:30 – 07:00    Peter’s real estate journey & early wholesaling 07:00 – 12:30    Discovering double closings through institutional buyers 12:30 – 17:30    Creating a better transactional funding experience 17:30 – 21:00    Scaling the business lean with a strong team 21:00 – 26:00    Wholesaling legislation changes & their impact 26:00 – 30:30    Transactional funding logistics and safety 30:30 – 34:00    Title company coordination & minimizing risk 34:00 – 38:30    Common wholesaler issues & how Peter helps 38:30 – 40:00    Contact info, EMD funding preview & closing remarks

 

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