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Updated over 4 years ago on .

User Stats

33
Posts
5
Votes
Dave K.
  • Rockford, MI
5
Votes |
33
Posts

wholesaling closing statement questions

Dave K.
  • Rockford, MI
Posted

Hello everyone.  More wholesaling questions with relationship to closing statements.    When you enter into a deal with the seller, you must disclose your fee, such as a realtor does, and that will need to be on the closing statement, that both parties sign.    sellers price-$100K, buyer will pay $120k.    seems like there would be some pushback on the sellers side.. "why wouldnt i sell it for $120K by owner? "    

Maybe stick to 8-10% spread?

Thank you.