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I also needed objectivity in the transaction, which a buyer and a seller just can't do.I also used an agent in NC because the market is totally different here.

I’ve never heard of such a thing and don’t see anything online about this. 

Hi all,I’m just getting my feet wet with Real Estate investing and currently taking online courses on the investment process, principles of calculating returns, performing market analysis, analyzing cash flows and the different types of investment opportunities.

Recently, my husband and I sold our home in TX with one objective - to kick off our real estate investment journey.

I read a bunch of the guidance online but I can't tell exactly how the property is classified once this has been done.

When I started, these forums, doing research online, and cold calling really helped me find some of the bigger investors in my market. 

With that said I do see plenty of referral fee agreements online but most are for % of listing agents commission rather than this colleague paying me 3% of the sale price.

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There is much more nuance to investing than just HELOC vs cashout and I think investors miss a lot of the finer details and often select the wrong tool for their objectives.