Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

46
Posts
0
Votes
N/A N/A
0
Votes |
46
Posts

Quick question on wholesaling a short sale

N/A N/A
Posted

I have a quick question on wholesaling a short sale. I understand the owner cannot receive anything. But is it ok for me as the investor to receive a fee for the deal or does it have to be done "double close". Could it be done by just signing a seperate promissory note with the end buyer? Is there another way to make this work without it being illegal and eating away at the wholesale fee with the double close.

Thanks

Loading replies...