Pay all closing cost when buying from wholesale
In my 20 years of experience, buyers always pay for all closing costs when purchasing "off-market -wholesale properties". This ensures that there is always a fixed profit element in mind when negotiating with investors so that we make enough to cover liability and expenses.
In summary: The rationale behind this practice is to safeguard a predetermined profit margin while negotiating with investors, which would eventually cover their liabilities. Keep your loyal wholesaler happy and get more deals faster.
- Jorge Vazquez
Graystone Investment Group
264 Reviews
4.6 stars