Confused a little.

[Tyler Bond]

Hey everyone,

This is a total noob questions due to lack of research. I figured that asking would sum it up rather quickly though. Im going to start wholesaling to start out on my REI journey. I know that there are assignment contracts that the contract says the buyer is to My name and or assigns. Does that make it so you just get an assignment fee which do you decide that or is it usually around $2000 and negotiable.

Okay, here's what I want to do. I want to find the deals and have a cash buyer who wants it as well. Do i basically just mark up the price to whatever it is i think is fair? Say, 5,000-10,000 above what I went under contract with the seller? I want to stick with simultaneous closes to keep the "Oh you made this much!!!" out of conversation. Sorry if this is just ridiculous. It's just clouding my mind and need to clear it up.

Thanks guys and gals in advance.