Skip to content
Wholesaling

User Stats

51
Posts
0
Votes
Daniel Rubenstein
  • Investor
  • Las Vegas, NV
0
Votes |
51
Posts

Finders fee

Daniel Rubenstein
  • Investor
  • Las Vegas, NV
Posted Jun 28 2015, 14:06
A broker friend brought me a 4-unit property. Valued at about 175K, with the option of making cash offer of 120k they expect to be accepted. (Basicaly buying a 175 property at 120) They are asking for a 20k finders fee. Am I correct that that is extremely high? If I recall correctly, most wholesalers typically dont ask for more than 10k. No?

Loading replies...