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Updated almost 10 years ago on . Most recent reply
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Wholesale a seller finance deal
For my deals I do cash or hard money only. I currently have a deal that I'm wholesaling and the seller is another investor and asked me to find an end buyer and he'd be willing to do a seller finance option. I've found a buyer and he's given me an offer that includes seller financing and I think the seller will accept.
my question is if he accepts this deal then how do I get paid my wholesale fee?
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@Christian Marin As with any wholesaling deal you've got to have a spread between the what the seller is selling at and what the buyer is buying at. With this you would probably want to get some money down from the buyer of which you'll take a cut or all. Alternately you could simply assign the deal to the buyer for your fee.