In wholesale deals who pays closing costs?

[Anita Gee]

Hello all,

I am a investing realtor from Chicago and have a potential wholesale deal however the only thing holding me back from making writing up the contract is the fact that the seller wants the buyer to pay for closing costs?  I want to be clear to my investors and I do know closing costs can vary.  The deal is a brick 5 bedroom turn key condition house in Roseland...

Does anyone have experience with this?  how is this normally handled?

[Ralph C.]

Originally posted by @Anita Gee:

Hello all,

I am a investing realtor from Chicago and have a potential wholesale deal however the only thing holding me back from making writing up the contract is the fact that the seller wants the buyer to pay for closing costs?  I want to be clear to my investors and I do know closing costs can vary.  The deal is a brick 5 bedroom turn key condition house in Roseland...

Does anyone have experience with this?  how is this normally handled?

While anything and everything in real estate is negotiable, the closing costs are always paid by buyers in a Wholesale deal.