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Updated over 8 years ago on . Most recent reply

Papa A. Diop's profile image
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Papa A. Diop
  • from Atlanta, Georgia
  • Member since Jul 21, 2016
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Papa A. Diop
  • from Atlanta, Georgia
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Papa A. Diop
  • Atlanta, GA
6
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Buying & Selling Real Estate

About wholesaling

Papa A. Diop
  • Atlanta, GA
Posted

what is the maximum profit you can make on a wholesale deal

is it possible for the seller not to know about your profit

Can the seller legally put you in trouble about how much profit you make

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Brett Snodgrass
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  • from Indianapolis, IN
  • Member since May 9, 2014
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Brett Snodgrass
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  • from Indianapolis, IN
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Brett Snodgrass
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  • Indianapolis, IN
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Brett Snodgrass
  • Investor
  • Indianapolis, IN
Replied

You don't have to disclose to Seller how much you make, especially if you do a double closing. You need to find an investor friendly Title company and do a "Double Closing" Close with Buyer and Seller the same Day, That way, Seller and Buyer won't know your profit.   

Maximum Profit?  I guess that just depends?  Our typical Profit is 5-10K per deal. 

Brett

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