Hey Biggerpockets family! I am trying to think of creative ways to raise money for a down payment. As a way to improve my deal finding skills I thought I could find deals in different markets, advertise it, and then if purchased because of me charge a finders fee. I wanted to know if people would find this valuable? I’m sure it’s already been done, I’d love to hear your thoughts!
@Andrea Ives You can't charge a finders fee like that, that would be brokering without a license, and leave you with fines that you need to figure out how to pay for instead of down payments.
You can however, buy property with no money down. Learn about lease options and subject to.
I will definitely not do that then! Thank you @Doug Pretorius