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Updated over 8 years ago on . Most recent reply

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10
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1
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Darryl Scipio
  • East Orange, NJ
1
Votes |
10
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Do I get paid from the buyer, investor, or both?

Darryl Scipio
  • East Orange, NJ
Posted

Hello all. I was asked by a buyer of a property under contract to help find an investor to help fund the project. How should I get paid and how much? Should I ask the buyer for a percentage of the loan amount, and if so, how much? Should I ask the investor for a finders fee, and if so how much? Hopeful for some guidance on this matter. I am in New Jersey and I dont have any kind of brokers licence nor do I have a real estate licence of any kind. Thanks.

Most Popular Reply

User Stats

56
Posts
32
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Diya Wahi
  • Real Estate Agent
  • Santa Ana, CA
32
Votes |
56
Posts
Diya Wahi
  • Real Estate Agent
  • Santa Ana, CA
Replied

When you help put together a deal, you can get an Acquisition Fee of 3-5% of the total deal. Without you the deal doesn't get done. This is an industry standard.

  • Diya Wahi
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