Updated over 2 years ago on . Most recent reply
Due diligence fee in wholesales
I just began in Real Estate Wholesaling and I was wondering does the wholesaler have to pay the due diligence fee or does the potential buyer pay?
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Mitch Messer
#3 Investor Mindset Contributor
#3 Investor Mindset Contributor
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- Playa del Carmen, México
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Mitch Messer#3 Investor Mindset Contributor
#3 Investor Mindset Contributor
- Lender
- Playa del Carmen, México
@Account Closed In the best of situations, the property is vacant and on lockbox, so there's no need to have a conversation with the seller at all!
However, if the seller's help is needed for access, the people you bring to inspect the property are exactly that: Your "people." As in, "I'm bringing my people by tomorrow to take a closer look."
Keep it simple!