Plus, you have risk of being a principal in the transaction as a wholesaler.One could (and some may say should), consider converting your presentation to motivated sellers to a listing presentation and not offer to buy it yourself at all.For example, with your managing broker's permission, you could get either a full listing contract and market the property properly, get your seller maximum dollar (whether that's to an investor buyer or owner occupant buyer).

I just don't know if they handle the more investor specific products/transactions.Add to the list of Investor friendly attorney's "North Alabama Title and Escrow". 

The Broker charged a reasonable fee for the transaction which I passed onto the client.

Best case scenario is keeping all REI related transactions in their own accounts so that you can track them easily.

I meant like usually in a transaction, the lender will hire an appraiser to appraise the value of the property in order to approve the loans. 

I know there are assignment/referral fees for these kind of transactions.

TIA.If you want this house (that's the first question) and it has some cosmetic deficiencies and it's in a great neighborhood, I would offer him a lower sales price (like 30% lower if that's more in line with what the property will appraise for), take his financing if:there is no prepayment penalty and it's 100% financing the cash flow is acceptableand then refinance it with a lower rate product with no seasoning on title or wait out the conventional seasoning period and refinance it with a Fannie Mae loan. 

You have to pay more money, take another test, and I'm sure are held to stricter continuing education requirements, given you can / are now responsible for anyone under you.I can see where if you're doing multiple transactions a year it can be helpful. 

@Kelly G. actually the vast majority of agents and brokers in Milwaukee are "independent" - however many of them don't stand out because they do very view transactions.

Another option is to sell the house for them for 220k that leaves 140k minus lets say 10% for transaction fees (agent, title, etc) that leaves you with 118k before tax.