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Updated about 12 years ago on . Most recent reply

User Stats

98
Posts
21
Votes
JERMAINE LUCAS
  • Investor
  • Woodbridge, Virginia, landlord
21
Votes |
98
Posts

paying a fee to find a private lender

JERMAINE LUCAS
  • Investor
  • Woodbridge, Virginia, landlord
Posted

Hi BP nation Jermaine here, I just ran into a friend I havent seen in years she asked how was my real estate business doing, I told well and that I was in the process of locating funds for a 6plex $45k at 10% interest, she then told me she know someone who would be interested in lending me the $45k I need but she would like to get a $500.00 finders fee after the deal closed.

What do you guys think, I always use my money in the past but I like this deal.

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