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Updated about 9 years ago on . Most recent reply
Wholeing with other investors
So I have a deal to work out. And the Person marketing the home is also an investor. Now I'm a virtual wholesaler and I have a ground team in Tampa. How will this deal play out? Will the other investor act as the "seller" or should I close the deal and slip the profit with my ground team I am partnering with ?
Most Popular Reply

This is a vague post but if you're finding a cash buyer for their property and they're wholesalers then you would split assignment fee. That would need to be discussed before any marketing occurs and I would also suggest signing a joint venture agreement stating what your intentions are, cancellation policy and splitting assignment fee.