Paying Assignment Fee Outside of Closing

[Roli E.]

I am purchasing a property through a wholesaler and the wholesaler wants me to pay his assignment fee outside of closing. He says he would provide me with a 1099 and he has to do it this way because the seller insisted on using their title company and the title company would not include the assignment fee to the transaction. I have never done a wholesale deal this way, I usually wire purchase plus assignment fee to title and they disburse to the wholesaler and the seller and have the assignment fee included in my closing statement. I am concerned that the closing statement would not record the actual price I am paying for the property. Am I overthinking this or is this an actual risk to me? I intend to hold the property for a while.