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Sahegin Charolia
  • Houston, TX
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Costs associated with transaction

Sahegin Charolia
  • Houston, TX
Posted Mar 10 2017, 08:09

I was trying to find out if I am looking for a house for flipping and I get the house from a wholesaler, what are the transaction costs associated with buying from a wholesaler and selling it on MLS or to an investor. So far I know when buying there maybe a closing costs (depending on wholesaler) and agent fees when selling on MLS (6%). What other transaction costs are usually factored into analyzing a deal that it's a cash deal.

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