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Updated over 9 years ago on . Most recent reply
![Greg Hammond's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/327056/1621444518-avatar-eagle13.jpg?twic=v1/output=image/cover=128x128&v=2)
What fees are involved as the middle man in a wholesale deal?
As the middle man in a wholesale deal, what legal fees am I responsible for? Title search/closing etc. I have a signed sale agreement and notorized memorandum I am sending over to a closing attorney in the morning. I'm guessing I need to pay for the title search or will the end buyer do that? I have the end buyer ready to sign the assignment contract tomorrow afternoon. I just need a little help as I am confused as to what I need to do vs the end buyer. I have a difference of $3500 and I would love to see how much I am going to keep! Thanks in advance
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@Greg Hammond if you are just assigning it, you don't have any fees. The buyer pays for all his due diligence. You just are responsible for your tax on that money when it comes time to pay your taxes.