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Updated over 1 year ago on .
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Pay all closing cost when buying from wholesale
In my 20 years of experience, buyers always pay for all closing costs when purchasing "off-market -wholesale properties". This ensures that there is always a fixed profit element in mind when negotiating with investors so that we make enough to cover liability and expenses.
In summary: The rationale behind this practice is to safeguard a predetermined profit margin while negotiating with investors, which would eventually cover their liabilities. Keep your loyal wholesaler happy and get more deals faster.
- Jorge Vazquez
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Graystone Investment Group
87 Reviews
4.5 stars