DistressedDealRadar

How to Analyze Driving-for-Dollars Leads for Free

Driving for dollars gets you an address and an owner; it does not tell you whether the deal works. To underwrite a driving-for-dollars lead free, pull the ARV from three recent sold comps, price the rehab room by room, then run the Max Bid, Rehab Cost, and Wholesale MAO numbers before you send a single mailer.

Free underwriting workflow

1

Spot property

Record the address, visible distress, occupancy clues, and photos from the street.

2

Confirm owner and ARV

Pull assessor records and three recent sold comps before outreach.

3

Estimate rehab

Price visible repairs and leave room for unknown interior work.

4

Set max offer

Run Max Bid, Rehab Cost, and Wholesale MAO before one mailer goes out.

Worked lead screen

InputExampleDecision
ARV from comps$240,000Use recent sold comps, not active listings.
Visible rehab reserve$52,000Add contingency for unseen interior work.
Target buyer margin$38,000Protect the next buyer or your own flip spread.
Offer ceiling$134,000Mail only if the seller conversation can land near this number.
Estimate ARVEstimate rehabSet max bidRun Wholesale MAO

FAQ

How do I know if a driving-for-dollars lead is worth mailing?

Check ARV, repair scope, owner record, live distressed supply in the ZIP, and your max offer before spending on mail, calls, or skip tracing.

What numbers matter most for a driving-for-dollars lead?

ARV, rehab budget, holding costs, selling costs, assignment fee or target profit, and the maximum offer all matter before outreach.

Should I use paid driving-for-dollars software first?

Use free underwriting first. Paid software can help with routing, teams, and outreach once the channel already works in your market.