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Updated 5 months ago, 07/10/2024
Referral Fees Inquiry
Howdy,
New to RE Investing:
I am curious to know how much can one earn if one refers a money lender to a full-time house filpper. The money lender gets his percentage from lending the money at his rate. The borrower, or house filpper, makes his money once he sells the fixed home. Should the person connecting these two get a fee? If so how much?
Also, is this a one time referral fee collected? What if the lender and house flipper continue to make deals and both come out winning. Is it possible for the person who connected both to collect more referral fees?
Thank you all.