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Updated about 9 years ago on . Most recent reply
Finders fee
A broker friend brought me a 4-unit property. Valued at about 175K, with the option of making cash offer of 120k they expect to be accepted. (Basicaly buying a 175 property at 120)
They are asking for a 20k finders fee. Am I correct that that is extremely high?
If I recall correctly, most wholesalers typically dont ask for more than 10k. No?