Posted by Lee Allen on 10/27/2007, 10:50 am, in reply to "Assignment Fee?" Tell them that you will knock off $5000 if they close in 30 days and you will sell it to them for $101,500. Since you have this under contract for $79,000 and you sell it for $101,500 then you would make a $22,500 profit. My rule is that if the profit is over $5000 then I do a double close and if it is $5000 or below then just assign it to them and take a fee.
74.183.168.26
As much as you can get.
Offer this to other investors at 70% of ARV less repair expenses.
If the ARV is $155,000 and your repairs are $2000 then I would offer this to other investors for $155,000 * .70 - $2000 or $106,500.
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