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Updated over 1 year ago on . Most recent reply

Kiddia Talley's profile image
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Kiddia Talley
  • from Greensboro, North Carolina
  • Member since May 14, 2015
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Kiddia Talley
  • from Greensboro, North Carolina
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Kiddia Talley
  • Greensboro, NC
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Wholesaling

Due diligence fee in wholesales

Kiddia Talley
  • Greensboro, NC
Posted

I just began in Real Estate Wholesaling and I was wondering does the wholesaler have to pay the due diligence fee or does the potential buyer pay? 

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Mitch Messer's profile image
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Mitch Messer
  • Rental Property Investor
  • from Playa del Carmen, México
  • Member since Jan 22, 2014
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Mitch Messer
  • Rental Property Investor
  • from Playa del Carmen, México
  • Member since Jan 22, 2014
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Mitch Messer
  • Rental Property Investor
  • Playa del Carmen, México
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Mitch Messer
  • Rental Property Investor
  • Playa del Carmen, México
Replied

@Account Closed In the best of situations, the property is vacant and on lockbox, so there's no need to have a conversation with the seller at all!

However, if the seller's help is needed for access, the people you bring to inspect the property are exactly that: Your "people." As in, "I'm bringing my people by tomorrow to take a closer look."

Keep it simple!

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