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Updated 5 months ago,
Portfolio Wholesaling- Assignment Fee Question!
Hey BP fam,
When wholesaling an entire portfolio, what is the appropriate assignment fee to expect? I have a 21 parcel portfolio that the sellers have agreed to $2.75 mil and I have people interested at $3m. Do I write in the assignment at $250k on the info I send them?
Seller is offering a Seller finance option as well.
Here is how I have it right now:
PP: $3,000,000
Entry: $450k + CC
Interest: 3.25%
Monthly Payment: $12,000
Balloon: Split Balloon- one partner wants out
in 3 years the other at year 10.
Loan: $2,550,000