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All Forum Posts by: Derek Arcila

Derek Arcila has started 1 posts and replied 2 times.

Post: Should i hit the referral fee to my buyer or the investor?

Derek ArcilaPosted
  • East Elmhurst, NY
  • Posts 3
  • Votes 0

Thanks guys! Appreciate it.

Post: Should i hit the referral fee to my buyer or the investor?

Derek ArcilaPosted
  • East Elmhurst, NY
  • Posts 3
  • Votes 0

HI guys So I'm a newbie at JV wholesaling. Im currently in the Central,NJ market.

Here's the scenario:  I text an investor who put ad up on CL that fits my buyers criteria.

ME:. I ask him if i can JV on the deal if i bring a buyer to the table.

He : I'm JV on this deal. Get your buyer to hit you with a referral fee for we can both make money on the deal.

My question is. Can i hit my own buyer for a referral fee? and if so , what contract do i use let alone convince him of such a thing.

Thanks,

Derek