Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago,

User Stats

71
Posts
24
Votes
Christopher Haynes
  • Investor
  • Baltimore, MD
24
Votes |
71
Posts

How much is too much for an assignment fee

Christopher Haynes
  • Investor
  • Baltimore, MD
Posted
Hello I'm am new to real estate investing and I'm located in the Maryland I have a quick question about assignment fees , I have a friend , an old high school football coach actually who's pretty much going to sell me his home he pretty much 40 thousand off the deal and that's it he really doesn't care because he sees it as me doing him a favor taking it off his hands this property could easily sell for 185k in a relatively good time period I wanted to know what would be too much for an assignment fee I've seen and heard of that buyers tend to have issues with assignments over 10k or is this something I should handle with a double close , I'm new to this, so new that I don't even have the documents need (I'm going to see a lawyer in January to see if you can draw something up for me lol)so any feedback would be greatly appreciated

Loading replies...