Built For Wealth

Ep 022 | From Bandit Signs to Transaction Funding: Pete Russell’s Wholesaling Journey

Josh Swart Season 1 Episode 22

On this episode of Built for Wealth, Josh sits down with Pete Russell, a Charlotte-based wholesaler turned transaction funding operator, to unpack how he went from 5:30 a.m. bandit signs to closing 30+ deals in a month, and why double closing became his edge. We cover sales foundations from his early days, the realities of scaling a wholesale team, when to use a double close vs assignment, raising capital, and the discipline of focusing on one thing to grow.

You’ll learn:
- How to break in with low-budget marketing (bandit signs, direct mail “check” letters)
- When a double close protects your spread—and how the logistics really work
- Why transaction funding is exploding, and how to prep title/escrow the right way
- Best/worst deal lessons (hidden land next door → 6-figure spread; the “garage I-beam” flip fail)
- How to raise private capital without a giant track record
- The mindset shift from “many streams” to focused execution

Connect with Pete:
Instagram: @PeteRussellOfficial
Transaction Funding: https://velocityadvantagecapital.com

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