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Updated over 7 years ago, 04/22/2017
Becoming Mortgage Broker
I fix and flip homes in Texas and receive a ton of calls about mortgage financing when we're retailing a house. In the past i've just referred them to some mortage brokers I like but I'm starting to wonder if i'm passing up a good opportunity here. Rather than referring them out I'm curious if it would make sense to get my MLO license to broker some of these loans?
Have any flippers here on BP also become an MLO/Mortgage Broker to generate another revenue stream since the lead funnel is already there?