I am going to a few investors clubs in the US and I got approached by a person offering me a deal (buying a property that rent rooms) that will provide $3K monthly net cash flow. He initially called it - "let's partner", but then he asked for a "finders fee". Which I am not against providing if the deal is good.
However, I am not sure how that works, and how to recognize a good deal from a scam.
When he initially represented him as a partner looking for a co-owner, I thought is nice because the risk was split as well. While listening to the pitch most of the risk will fall on me.