Wholesale Price Calculation

[Pat Hardy]

When determining a price to buy a property from a seller, who pays the closing costs? If the wholesaler, are the closing costs added to the finders fee when reselling or does the wholesaler eat the closing costs? Thanks.

[Aaron H.]

Whoever you negotiate pays them...

Typically I'll offer to pay all the closing costs - if the seller is willing to sell to you below market price, odds are it's because they value convenience, and telling them you'll deal with all the ticky-tacky costs is a nice way to let them know you're trying to make it easy on them. If you're wholesaling it, you can typically pass those costs on to the end buyer, since they're paid out of closing.