wholesalers fee question

[John Zoulis]

i was approached to invest at wholesaling team by investing for the marketing mail campaigns and was wondering what model partnership is fare for everyone  as i will invest cash and they will do all negotiations and leg work and i will have option to buy first or deny deals that come through . i just want the deal to be fare.Any suggestions is greatly appreciated.

thanks

John

[Kristine Baker]

Hi John,

 Are you going to be the first one to actually get the deal going?  I would not put any #.  It depends on the deal you find.  I usually split 50/50.  My spreads on wholesale deals are usually 6K or more.  However, I would do a deal that gets 2k in my pocket.  It really depends on the deal.  It is so nice when you have an end buyer with little effort.  That's what those guys are good at.