Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

78
Posts
8
Votes
Eric Johnson
  • Baltimore, MD
8
Votes |
78
Posts

Help! Another Wholesale Question

Eric Johnson
  • Baltimore, MD
Posted

My end buyer wanted to use his title company to close my wholesale deal. I asked if his title company was familiar with contract assignments. He never did get back to me. At any rate, because this is my first deal, I decided not to insist that he use my title company. Now, his title company has asked this question: "Are you the agent for the seller? Do you have a commission/fees that will be charged on the HUD?"

My response was I am a wholesaler, not an agent and the HUD should convey my assignment fee.

Was this the correct response? I've yet to see an actual HUD. I have seen examples on the Internet. Where on the HUD should my fee be cited? Please advised

Loading replies...