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Updated about 10 years ago on . Most recent reply

Account Closed
1
Votes |
15
Posts

Wholesaling in Northern California

Account Closed
Posted

I have questions on wholesaling. Example, I find a deal for 300 K, and sign a contract with seller. The contract has and/or assignment clause. Now, do I bring it to a title company to open an escrow? Now I find a buyer and assign a contract to. Now I would like to charge an assignment fee (20K). Do I tell the buyer the price of the property is 320 K? Or do I tell the buyer 300 K, with 20 K assignment fee. Have anyone closed a deal in the Bay Area?

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