When to collect Wholesale Fee on LLC Deal

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When to collect Wholesale Fee on LLC Deal

Dustin Poole
Wholesaler · Allen, TX · Member since 2012 · 23 posts · 2 votes

When transferring shareholder rights of an LLC tied to a contract, when would it be appropriate for the Wholesale Fee, or LLC Purchase price, actually switch hands?

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  • Anson YoungBusiness Member
    Flipper/Rehabber · Denver, CO · Member since 2009 · 1k+ posts · 726 votes
    14y

    I do it at closing, with trusted buyers.

    Podcast Guest on Show #235
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  • Dustin Poole
    OP
    Wholesaler · Allen, TX · Member since 2012 · 23 posts · 2 votes
    14y

    This seems a bit risky. If the Buyer, although verified beforehand, falls thru at closing, what happens then?

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