Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
Driving for dollars to gain start up capital
Hello fellow Bigger Pockets members,
I am curious to know if Driving for dollars is a great idea to generate start up capital. My idea is that I would start out Driving for dollars and find a few homes that are great properties for investment situations. After finding potential properties I would then send letters to the owners if they were looking to sell. If yes, I would pass the potential property to an interested investor for a "finders fee" either before or after the transaction between the seller and investor is finalized. Is this idea one that can be used for start up capital or would this be considered as posing as a Realtor in legal eyes?