Trading commissions for equity position " Denver "

[Dustin Frank]

I am currently a licensed agent out of Denver and am curious what kind of value it would add if I applied my closing commissions towards a fix n flip deal. I know how expensive financing is and I would be contributing "about" 2.8% of purchase price and "about" 2.8% of closing price. Is 5.4% enough skin in the game? Have any of you ever done a deal like this? and if so, how did it work out? I would love to hear your thoughts and opinions as well.

[Matt M.]

I personally wouldn't do it. You never know how a flip is going to turn out unless you do it yourself. 5% is nothing on a flip. If I find a flip for a client, and he/she doesn't list with me on the back end, then I don't find them any more. There are plenty of investors that will get you paid on both sides.