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Updated about 2 years ago on . Most recent reply

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Eric Clunn
  • Madison, WI
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Assignment Fee When Structuring Owner Financing Deal

Eric Clunn
  • Madison, WI
Posted

Hello,

I'm currently structuring a wholesale deal with seller financing.  How do I apply my assignment fee?  I was thinking out of the down payment (Increase down payment by my fee amount and reduce the purchase price by same amount).  Thoughts.  What has anyone done in the past?

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Bryant Brislin
  • Developer
  • Irvine, CA
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Bryant Brislin
  • Developer
  • Irvine, CA
Replied

There should be an "entry fee" that you are marketing to the buyers, and that entry fee should include closing costs, down payment to seller and your assignment fee.

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