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Updated over 6 years ago,
Wholesaling question (Texas)
Hello fellow Investors. I have a super green novice question. Let me preface this by saying, I am not a wholesaler. However, my question is directly related to the wholesaling process. From the wholesale/assignment deals that I have seen come through, wholesalers appear to be conduits, they just move the properties for a nominal fee, usually between $2500-$5000. If someone is acting as a wholesaler and expecting to assign a property and gain a $60,000 return on the assignment, wouldn't that be completely unrealistic on a deal that would only yield about $34K after all expenses, including rebah? Any insight you are willing to provide is much appreciated. Thanks in advance for your time.