Realtor · San Antonio, TX · Member since 2014 · 13 posts · 0 votes
Hello everyone! Happy Monday!
Got a call this weekend from an old friend that his boss, a custom home builder, is looking to develop land and sell lots. He needs someone to invest $330k to match his investment. I have two other big players in mind for him. My question is, how do I assure a finder's fee? What document should I use? And what would be a fair fee for bringing him a potential investor?
Thank you so much in advance!
Albert Argüelles
Investor · Boyd, TX · Member since 2014 · 688 posts · 467 votes
11y
Legally I bet you need a license. Without one I don't know have you could assure one. You would be relying on the guy to take care of you under the table in the hopes you would do things for him again in the future.