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All Forum Posts by: Frank Rizzo

Frank Rizzo has started 2 posts and replied 3 times.

General Real Estate Investing

Post: How to determine finders fee?

Frank RizzoPosted
  • Posts 4
  • Votes 2

What percentage is reasonable to find the deal and walk him through the rehab and refi process?

0 Votes
Stamford, Connecticut
General Real Estate Investing

Post: How to determine finders fee?

Frank RizzoPosted
  • Posts 4
  • Votes 2

I am a real estate investor, I own 23 units over 9 properties. I recently was approached by someone to help them get started in real estate. We agreed the best structure would be a finders fee to help find and stabilize a property. It will be some work for me considering he wants to recoup much of his investment with the BRRR method. I would probably help him through the process of analyzing deals, rehabbing, and renting. I am trying to determine what a reasonable amount is for a finders fee. Does anyone have any experience with this that can provide some insight on how to structure a deal?

1 Vote
Stamford, Connecticut
Creative Real Estate Financing

Post: No income verification HELOC in CT

Frank RizzoPosted
  • Posts 4
  • Votes 2

I am having trouble unlocking 200k or equity in my primary residence. I am self employed, so my DTI does not fit the bank standards. Does anyone know how to obtain a no income verification HELOC product in CT?

1 Vote