Seller Financing through a Wholesaler

[Randy Hunter]

Has anyone ever bought a property with seller financing through a wholesaler? I'm sure wholesalers prefer all cash offers or am I mistaken? I figure as long as the wholesaler finds a buyer and they make their fee, what does it matter to them what the financing looks like on the other side? What does that structure look like? Is it possible (and legal) to both pay the seller on terms and also get the wholesaler his/her fee in the deal?

I'm wondering if anyone has ever done this and if so, how did you structure and negotiate everything?

[Michael Dumler]

@Randy Hunter realistically, it's the original owner of the property that wants the cash sale. Keep in mind, the wholesaler is assigning the contract to an end buyer, they never close on the property unless the deal is structured for a double closing. If the wholesaler closes on the deal, then maybe seller financing can be arranged with the end buyer, but I don't see how their assignment fee would be included in the transaction. Hopefully, others can shed more light on this topic!