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Tax, SDIRAs & Cost Segregation

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Dave Rav
  • Summerville, SC
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How to write this offer?

Dave Rav
  • Summerville, SC
Posted Nov 12 2019, 10:53

Hello group. So, I am attempting to write up a contract on a wholesale deal. Caveat is, this deal is super lucrative as it offers Owner Financing!  My big question is:  How do I factor in my fee?  Initially, I am thinking just increase the amount the end-buyer brings to the table (their down payment, essentially)  Details below:

5BR mobile home on land

Owner financing!  With only 10% down. Total price $70k.

I am thinking of tacking on a few thousand to end-buyer's down pay.  Thoughts?

*disclaimer:  Seller is aware I am wholesaling this deal.  Gave them full disclosure, so they understand what is happening.  Seller is an investor known to me, and agrees with this method of sale.

Thanks BP group!!