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Updated over 10 years ago on . Most recent reply

User Stats

51
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0
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Daniel Rubenstein
  • Investor
  • Las Vegas, NV
0
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51
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Finders fee

Daniel Rubenstein
  • Investor
  • Las Vegas, NV
Posted
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?

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