Closing Cost when Wholesaling

[Dustin Dummer]

The most important aspect of wholesaling (or any business transaction) is making a profit. One topic I haven't seen specifically addressed is factoring closing cost on wholesale deal. Am I correct that typically the wholesaler is responsible for the closing cost for both the seller and the investor correct (unless you're able to do a simultaneous closing)? Therefore I imagine to make any money, all closing cost have to be included in your assignment fee when determining your maximum purchase price? What are realistic changes of being able to do a simultaneous closing? What are typical cost for a back to back closings? I know my closing cost for my personal home was over $2500. Thanks in advance for any answers.