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Updated over 7 years ago,

Lou Pacelli's profile image
Lou Pacelli's profile image
Lou Pacelli
  • Commercial Real Estate Lender
  • from Saddle Brook, New Jersey
  • Member since Jun 4, 2017
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4
Posts
1
Votes
Lou Pacelli's profile image
Lou Pacelli's profile image
Lou Pacelli
  • Commercial Real Estate Lender
  • from Saddle Brook, New Jersey
  • Member since Jun 4, 2017
Connect
Lou Pacelli
  • Commercial Real Estate Lender
  • Saddle Brook, NJ
1
Votes |
4
Posts
Starting Out

Question about option contracts in wholesaling real estate

Lou Pacelli
  • Commercial Real Estate Lender
  • Saddle Brook, NJ
Posted

Can anyone advise as to what is a fair option fee to pay the seller upon signing the option contract? I understand that a free must be paid as consideration to make the contrat fully legal and binding. 

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