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Updated over 12 years ago on . Most recent reply

User Stats

23
Posts
2
Votes
Prince Conley
  • Real Estate Investor
  • Atlanta, GA
2
Votes |
23
Posts

Wholesaling Bank Owned Properties

Prince Conley
  • Real Estate Investor
  • Atlanta, GA
Posted
I came across a good list of banked owned properties with majority of them having tenants already in place. The bank is selling however I came across the properties through a broker who represents the bank. I'm looking to possibly send the properties to a few investors but I'm still unsure of how I can make $$. Do I just send each property separate after I negotiate my fee or should it be 3% of the sale price. Also should I have the buyer sign a finders fee agreement? I'm thinking yes but I'm still new and figuring things out as I go.

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