Wave energy converter research continues to advance and new developers are continuing to emerge, leading to the need for a general modeling methodology. This work attempts to outline the design methodology necessary to perform frequency domain analysis on a generic wave energy converter. A two-body point absorber representing a generic popular design was chosen and a general procedure is presented showing the process to obtain first pass preliminary performance results. The result is a design guide that new developers can adapt to their particular design and wave conditions, which will provide the first steps toward a cost of energy estimate. This will serve the industry by providing a sound methodology to accelerate the new development of wave energy converters