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Updated over 3 years ago,

User Stats

13
Posts
12
Votes
Dorianne Reynard
  • Flipper/Rehabber
  • Brentwood, CA
12
Votes |
13
Posts

Finder’s Fee — what is appropriate to offer?

Dorianne Reynard
  • Flipper/Rehabber
  • Brentwood, CA
Posted

Hi all!

I have one contact who expressed some interest in introducing me to other investors that may agree to partner with me.  What is a fair amount to offer my personal contact as a finder’s fee for connecting me with another investor? A dollar amount? A percentage of my profit? Equity in the partnership?

I have an incredible opportunity for a SFR flip in the San Francisco Bay Area with an estimated PROFIT of $500K! Will share details (seeking funding/partnership) about deal in separate post in the Marketplace.

Offers are due this Friday morning, so I’d like to offer my contact a finder’s fee ASAP. 
 
Thank you!!

Dorianne 🦊