Nathan Payne closed three wholesale deals, including one with a $19,000 assignment fee split with a mentee and another in Fort Myers where the seller took no cash down and agreed to a balloon payment instead. He structures commissions to reward the people he trains.
And he calls me back. He's like, "All right, I got them at $180,000." And I was like, "Oh, wow. They accepted?" He's like, "Yeah, they did." So I was like, "Okay. Bam. $20K right there." $19,000, I think it was actually like $19,000. And then we split it. We did a specific split because he works with me in my mentorship. So I gave him a little bit more than a 50/50. But that was another one that we did. And right now I got one that's in Fort Myers that it's in a creative deal. That I have, and it was above retail that the seller wanted, but they're willing to take nothing down and give us a balloon. So I'm giving that to one of my buyers for equity, like ownership in the property since it's an Airbnb, and for an assignment fee. So there's a lot of ones that we've done.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
