Structuring a new deal (5 Houses Rehab Project)

[Franck Brichet]

Hello BP family,

A client of mine is a rehabber and he's able to get houses in Kansas City for close to nothing. He just closed on 5 houses (After repairs, houses will sell for about $250K to $300K). I am a newer real estate agent and he's asked me to find some private lenders to help him finance the rehab of these houses. How should the deal be structured? How much money should he expect to pay private lenders and how should I be paid as the deal finder or as the one putting this deal together? (This is new territory for me).

Thanks in advance for your advice!

Franck