b'conducting due diligence on the property, and coordinating the loan, and organizing the syndicate on behalf of the syndicate. The higher the purchase price, the lower the fee. This fee is earned on acquisition of a property. 2.Loan guarantor fee1% to 2% of the acquisition or refinance loan amount or a flat fee; this is usually paid to those persons who provide loan guarantees. Even non-recourse loans still require loan guarantors with collective net worth equal to or greater than the loan amount. This fee is earned on closing of the loan.3.Asset management fee1% to 2% of gross collected income. This fee is paid for the asset managers role in actively managing, on behalf of the syndicate or fund, the company that owns the property. This fee is earned monthly, but may be paid monthly, quarterly, or annually.4.Refinance fee1% to 2% of the refinance loan amount. The purpose of this fee is to compensate the asset manager for their efforts in providing documentation and loan guarantors necessary to obtain the refinance loan on behalf of the syndicate or fund. This fee is earned on closing of the loan.5.Disposition fee1% to 3% of the sale price; this is to compensate the asset manager for its efforts in providing documentation and working with a broker, prospective buyers and their lenders to sell the property on behalf of the syndicate.6.Interest on loans made by the asset manager to the company typically yield 8% to 12% of the loan amount as simple interest. A good rule of 17'