Wholesaling

[Zach Dabolt]

Hey everyone,

So if you are wholesaling, do you have to state in the contract what you will be making as a fee, or do you just automatically get the difference made at closing between the asking price and the price the buyer is paying? thanks, Zach

[Elliot Smith]

You need an assignment contract that will state to the end buyer what you are making. The seller will only see the seller side HUD. Don't double close in WA unless you want to pay excise tax twice. Also you can use the search funtion to find alot of answers to your questions.