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Updated about 5 years ago on . Most recent reply
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How much do wholesale deals make on average?
Hey BP community! I am curious to hear how much people make on wholesale deals. The numbers I have come across seem to be around the 3K-11K per deal mark. Also, as a bonus, how much did you make on your first-ever wholesale?
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@Collin Emerson Miller there is no average. Depends on your market and your experience in negotiations with the seller and with your buyer. Check out the BP podcast from a couple weeks ago with Dr Joe, he paid the wholesaler 25K. For DC (my market) that is not a high or outrageous assignment fee. A friend of mine, they pulled a 80K assignment fee in DC. Buyer gladly paid it for the deal.