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Wholesaling

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Keith Saunders
  • Real Estate Investor
  • Pittsburgh, PA
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Should I agree to pay all closing costs?

Keith Saunders
  • Real Estate Investor
  • Pittsburgh, PA
Posted Oct 22 2011, 10:52

Hey All,

Working my first deal, the seller refuses to pay any closing costs. So, if I sign the contract with this provision of the buyer paying all closing costs. Will that make it difficult to wholesale to another investor? Or is the price the only thing that matters?

I will buy the house for $45k assign it for $10k. Making the price to another investor $55k plus all closing costs of about $2k. House needs about $40k in repairs. The ARV is $145k

Thanks

Keith

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