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Updated over 3 years ago,
Compensation For Deal Finding
Hi BiggerPockets forums, newbie here, myself and an associate are looking to make an entrance into our real estate investing journey in the near future. My associate is bringing substantially more cash to the table, but I have come across on off the market property that may be a good deal. My question is, what is the standard compensation structure for bringing a deal to the table? For example, I have $10,000 my partner has $240,000, we buy a house for $250,000 and I have a 4% stake in the deal, so I would receive 4% of the profit. Should providing the deal change this compensation structure?