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Updated over 1 year ago on .

User Stats

604
Posts
444
Votes
Jorge Vazquez
  • Real Estate Broker
  • Tampa, FL
444
Votes |
604
Posts

Pay all closing cost when buying from wholesale

Jorge Vazquez
  • Real Estate Broker
  • Tampa, FL
Posted

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
4.5 stars
87 Reviews