Experience buying from wholesaler with conventional financing?

Deal Structure

Getting some pushback on the assignment fee after already being “cleared to close”, anyone have success stories purchasing a rental property with a deal like this?

Posted May 6, 2022, 3:22 AM UTC

54
melikestoread•

How much is the fee?

2
avgorcaOP•

20% of the wholesalers purchase agreement

2
melikestoread•

I haven't run into this issue. Are you able to pay the fee out of pocket?

2
avgorcaOP•

Good to hear, gives me hop it may still work out! I would rather not pay the fee in cash, might be able to work something else out with him though.

1