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Updated over 14 years ago,

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3
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1
Votes
Chris Funk
1
Votes |
3
Posts

Potential $25k Wholesale fee. Help.

Chris Funk
Posted

Anyone wholesaled to buyer getting conventional financing? Maybe using transactional funding? 72 hours between closings? I don't want to invoice the seller, my fee would be too high. FHA would probably flag the 72 hour deal, but conventional might fly.

The house is perfect and would sell fast for $85k.
I have it under contract for $60k

But I just can't be sure that it will sell to a cash buyer. It may have to be financed. I know how to invoice the seller to get my fee on these types of deals, but the seller probly won't close if he sees $25k on the HUD. So has anyone here done this before?

Thanks in advance.

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