@Kay S.Assuming you are getting title insurance (which I recommend) the closing costs will be similar to a traditional closing.

@Mary Parsek you are pretty close with this forum but I would suggest posting this in the "Mortgage Notes" forums.  

Then your sale will be for $450K ish (you do subtract closing costs). 

I'd find a sweet deal close it and see if you can get another one after that. 

Quote from @Account Closed: Honestly have no clue, but my guess would be contact a lawyer who specializes in real estate.I am also trying to get a hold of other wholesalers in my area and real estate agents.

I don't know if you are referencing our 4.7 star rating on Google or 4.8 on BP or our 74 NPS rating over the ~1,200 loans we closed last year, but our customers are pretty clear, Loanbidz customers are very well taken care of. 

Petersburg, build a team with real estate agents, property managers, contractors, lenders, and title company/closing attorneys.

Account Closed a PMC has two options to get liability insurance (tenant slip & fall) protection:1) Get added to owner's policy as Additionally Insured (NOT named insured).2) Setup a master commercial policy and add every property they manage to it and then charge those owners the cost of the policy.Otherwise, a PMC CANNOT get liability coverage on a property they have no ownership interest in.So, nothing wrong with their request.

I think you can go as high as 15% but it's cutting into your margins and depends if you are a GC yourself or not. 150k is close to a million or more.

I would really take a close look at their CMAs.