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Updated almost 6 years ago on .

User Stats

14
Posts
5
Votes
Joe L.
  • New to Real Estate
  • Navarre, FL
5
Votes |
14
Posts

Wholesale deal with VA financing

Joe L.
  • New to Real Estate
  • Navarre, FL
Posted

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!