Here is what I believe is the relevant provision.The Agent (broker) will underwrite, package, and submit the Client’s loan to lenders, with the intent of procuring a term sheet on behalf of the Client.

I procured a 3rd Party Private FinancierHow did you add value to the deal?

After tax return and pay down on equity is 12.44% and after accounting for 3% annual appreciation in your first year total return would be $24.04% Disclaimer: This is not to be used as investment advice nor procure your purchase of this investment.

The prior listing agent may try to claim they were the “procuring cause” since they showed you the property.

If pounding the pavement to procure potential deals doesn't generate leads, what will?

It is a win win  as for me I am able to sit in my chair and watch football and my seller gets exposure for their home while the agent is hoping to sell my listing and pick up potential clientsBack to the question, 25 years ago that is how I got my start was holding open houses at other agents listings to procure clients. 

If a property manager is going to lease, rent, list, collect rents, procure prospects or negotiate, assist, or offer to perform any of those acts, he or she will need a broker's license.

However, they also charge 75% of first month's rent for tenant procurement.

My sole intent is to procure investment properties in Low-income, increased crime activity areas, and neighborhoods enduring poverty primarily in Newark & Jersey City.

The borrower hereby confirms that this loan is being procured with the sole intent TO PROVIDE INVESTMENT INCOME.