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Updated almost 2 years ago, 01/13/2023

User Stats

7
Posts
1
Votes
Michael Asfour
  • Long Island, NY
1
Votes |
7
Posts

Wholesaling v "Finders Fee"

Michael Asfour
  • Long Island, NY
Posted

Hello BP Community!

Mike 28, I'm a GC, flipper and own a college rental in the state of NY. Looking to get into some transactions deals in this new year. I am looking to start a lead generation type advertising campaign for distressed property and land. My question does anyone have experience with finding deals and handing them off for a fee v the traditional wholesale process. Is that even legal? 

Would love to hear how people structure deals and or partnerships in this type of situation. Thank you!

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