So, I should have said that salary expense (outside of COGS) totals about 25% of Operating Income; though total employee cost (including that attributed to COGS) is a somewhat higher percentage of Operating Income, as I have employees do some of the rehab tasks on my projects and I also provide some benefits.

or is it a percentage of the purchase price?

The people who earn more already contribute more literal money, since 25% of 500k is more than 25% of 50k, so why slap them twice by making them pay a higher percentage too?

I am curious if anyone can offer insight to what sort of percentage the bank might entertain in order to pull the property from the auction list.

Btw, the largest expense (by percentage) for most manufacturers in the U.S. is people; if you want to reduce the cost of goods manufactured or created in the U.S., get rid of the minimum wage.Not saying I advocate that (it causes a LOT more problems), but that's essentially what would be necessary to bring manufacturing costs down in the U.S.

What fee or percentage is customary for the m.broker who handles the marketing to locate borrowers and brokers the transaction, and processes the paperwork?

Now, if you are truly an independant contractor or an employee and you have done adminstrative support tasks for that Realtor, like taking pictures, setting out signs, filing, etc, they can pay you, but not based on a per centage of a sale.

Quite likely that some landlord might take an interest in buying this from you, since it is close to meeting the 2% rule (and many landlords are happy with less of a percentage than that).

That means he needed to carry insurance of at least 100% of the building's replacement value or he would only be paid out the percentage of the claim that represent the percentage of the building's replacement cost he insured.

And then take those two facts and combine them with the fact that the current economy has created a higher percentage of motivated sellers than our industry has seen since the Great Depression, and what you get is that there is an incredible opportunity for wholesaling right now.There are still buyers in California.