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Updated over 7 years ago, 08/31/2017
Brokering Illegal?? Connecting flippers with Private capital
A friend of mine is flipping a couple of properties and she was looking for some private capital. I reached out to my network of private investors and connected them two together. We agreed to a small finders fee after closing. I mentioned this to another flipper in casual conversation and he said what I did was illegal and that I needed a broker license. Is this true?