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Updated about 7 years ago on . Most recent reply

User Stats

59
Posts
12
Votes
Jordan Norr
  • Salmon, ID
12
Votes |
59
Posts

How to get paid wholesailing?

Jordan Norr
  • Salmon, ID
Posted

Hello I am very new to the world of investing and wanting to get started. I have found a property that I want to wholesale. I have crunched the numbers on the calculator and they make sense. My question is, once I get the property under contract, how and who from do I get paid? Any comments would be greatly appricated!

Thank you!

Most Popular Reply

User Stats

324
Posts
178
Votes
Walter Roby jr
  • Rental Property Investor
  • Encino, CA
178
Votes |
324
Posts
Walter Roby jr
  • Rental Property Investor
  • Encino, CA
Replied

you get paid from escrow once Buyer submits funds and the deed records in their name which is when escrow is closed. Buyers Funds = Escrow Fees + Your Fee + Sellers Price

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