Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

45
Posts
7
Votes
Nick Cucci
  • Real Estate Investor
  • Asbury Park, NJ
7
Votes |
45
Posts

Keeping yourself in the deal

Nick Cucci
  • Real Estate Investor
  • Asbury Park, NJ
Posted

I had an interesting opportunity come my way yesterday, and I'm not sure how to navigate it, so I wanted to pose it to the BP community as I'm sure there are some pros who have experienced this.

I was out to lunch with a friend who owns a commercial construction company yesterday. They have a large deal that could be a big winner; ground-up construction on 40+ condos. They asked me if I could get it funded since their normal financiers are currently tapped out. I have a contact who would absolutely be interested in this type of deal and his company could provide all financing needed, but I'm not sure what the best way to structure this would be to keep myself in the deal before I approach him. And what is the best practice? Should I just connect the two and take a small fee or stay in it and handle Investor Relations with my contact? Any insights would be appreciated! 

Most Popular Reply

User Stats

530
Posts
365
Votes
Barry Ruby
  • Developer
  • Boulder, CO
365
Votes |
530
Posts
Barry Ruby
  • Developer
  • Boulder, CO
Replied

@Nick Cucci Nick however you decide to go make sure your course of action stays on the right side of the law.

State and Federal laws are in place that address the need of proper licenses to legally receive finders fees for investment and or real estate services.

Loading replies...