A 25% combined total is a good target. However, read the article entitled “Paying Finders Fees in a Real Estate Syndication” in our website library (or Kim Lisa Taylor’s book “How to Legally Raise Private Money” on Amazon) because if they don’t have a role in management other than raising money (and that’s what they are getting paid for), it’s illegal to pay finders for raising money unless they have a Securities broker/dealer license. It could be a felony for them and could cause you to lose your securities exemption.
How Much Should I Pay Finders for Raising Money for my Securities Offering?
by Syndication Attorneys | Nov 15, 2019