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Updated about 4 years ago on . Most recent reply
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What do you pay a wholesaler for a multi unit, commercial deal?
Hi friends,
I could use some advice on what to pay this wholesaler that I’m considering a deal through.
Usually when I deal with a wholesaler it’s for a one off deals. But for this particular deal (my first big scale up) I’m dealing with 2 commercial properties, and then 10 units.
Originally He said he wants $2,500 for every 50k, but that was for 1 unit at a time. Also, it’s important to note that we have never closed a deal together. Mostly because the deals haven’t been worth it. He’s always late, he forgets appointments etc. But I always look at his stuff bc I never know when something will work out.
When doing multi unit deals etc, what do you pay your wholesaler? Is $2,500 for every 50k normal? Or do you have a package deal?
Any advice is appreciated.
Thank you for your time.