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Updated over 5 years ago,
Wholesale deal with VA financing
I came across a deal from a wholesaler and would like to close using my VA benefits (VA mortgage). From what I understand the assignment fee would be a non-allowable closing cost. I would like to roll the assignment fee into the loan.
I’m looking for recommendations on structuring the deal. Should the seller pay the assignment fee if I include it in the sale price? All things considered it should appraise as well.
In the meantime I’m waiting to hear back from the title company. Thanks!