Wholesaling
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago on . Most recent reply

Wholetaling...
I am working a wholetale deal right now and I have no idea what I am doing! But I dont care. I know the house is move in ready, the seller wanted to sell at a little bit of discount and she wasnt in a hurry, so I went for it. Im not sure how I am going to close this once I find the end retail buyer, I am concerned that a lender wont pay a 15k "consulting fee". How do I make my money on the difference? I also dont want to use transnational funding.
Most Popular Reply

I'd suggest finding a lender who will allow you to mark up the price and then make your end-buyer use that lender. Most lenders won't go for this, so if you allow your end-buyer to choose their own lender, you're likely going to end up wasting a lot of time.