Where do I go to start a 506 (B) fund?

[Thomas Mineart]

I think I want to start my own 506 (B) does anyone have any advice on who to reach out to so that I can start one?

I work as a real estate agent in central Iowa and because of the marketing I do, I am constantly getting listing leads. Some of the leads have homes that need work. I want to start a fund so that I can come back to the sellers with a listing proposal and a cash offer.

Most sellers will probably list their home which is fine but I just want to provide a convenient option for them if that is what is more important to them.

[Taylor L.]

Why do a fund rather than work with 1-2 established private money lenders?