At closing, the wholesaler was listed as the buyers agent and therefore got the commission from the seller on top of the assignment fee.

If you plan on buying below market, doing assignments, or doing any kind of creative financing, fuggedaboutit.Hey doug I buy 90% of my inventory through agents or public auction sites that pay commissions.. 

In a seller's market like we're in, this can save thousands of otherwise Forfeited Tax Free Home Equity in real estate commissions. 

1724 sf4 bed, 2 bath1 StoryNo GarageListed Price $66kOffer/Purchase Price $70kOriginal Estimated Renovation Cost $31kFinal Renovation Cost $36kARV $140,000Sold $143,000Closing Costs at Purchase $4,600 (including $1500 that I pay my agent to handle Auction transactions)Closing Costs at Sale $10,200 (including 6% commission)Holding Costs (Loan Payment) $280 a month for 4 monthsHolding Costs (Utilities) $200 a month for 4 monthsHolding Costs (Yard Maintenance) $0Real Estate Commission Paid at Sale $6,600Note: I pay my agent an extra $500 on top of his commission to make it more worth his time.

You will get a lot more urgency from the listing agents since they will have the potential to earn both the buyer and seller potion of the commission.

So structuring the deal like the sale of two of the houses would pay for my mortgage, real estate commissions, demolition and construction of the project, etc... and the rest would go straight to the partner.

That 1% is typically for one side of the transaction while there is still a 3% commission you have to pay the other side.

Does anyone know what a fair commission rate for a wholesaler bringing a buyer in to purchase a contract?

He put up all of the hard cash (I threw in acquisition fee / commission back into the deal).

The benefit to the seller, is that they save on commission... so they should at least cut a bit of that off the price, right?