Suggestions on getting private money 'brokers'?

[Al Hinkle]

I'd appreciate any advice on how a lender should vette the companies that organize private money loans , putting lenders and buyers together.  There are a lot of them out there, and most are probably honest. But not all.  And who's good at it, with high likelihood of deals completing and quickly and smoothly and few surprises, etc. 

[Jay Hinrichs]

the field is full of scammers.. here are the red flags

1. rates to good to be true

2. talk of some insurance policy that you buy to assure your payments are made ( fruad does not exist)

3. bad website / bad english  cant really get a read on the people

4. offering to show you a picture of them and their ID

5. small deposit up front 500 to 800 is common.. once they suck you in on too good to be true rates and this phoney non exsistant insurance.

go to meet ups.. also expect if you have limited experince to pay 10 to 14% and 2 to 4 points.. anything less is only going to happen from friends and family.