So you'll have the doctor or lawyer who just came out of a divorce, or bankruptcy, or foreclosure.

You would do some checking on a lawyer or doctor before trusting them, why not on a realtor or broker?

Start with people you know - friends, family, your doctor, lawyer, neighbor, business professionals, etc.Public advertising for private money can be in violation of state and federal securities laws so consult an attorney.Some of the very best resources for private money is from people who are not sophisticated investors who invest in CD's.

It really just depends on who you are.My clients do not want a real estate license.They do want to invest in commercial real estate.The best use of their time is their primary field of expertise (lawyer,doctor,developer,tax accountant,business owner).So for them it's important not what they pay me but that I am competent and help them reach their goals.I am talking about individuals that make hundreds of thousands of dollars a year with their primary work and are very busy.If you are an investor that can do it all yourself and want to save a little nut on commission then it might be worth it to you.

I was hesitant whn I signed up as I did not want to be contacted by RE spin doctors.

Reminds me of a doctor that I once went to.

This reminds of a builder who told me that he gets approached by doctors looking for a space to open their own practice.

Some professionals, such as doctors, attorneys, architects, etc. set up limited liability entities for their practice, which requires a license, but I haven't heard this being used for a real estate investor.

One jewis Doctor - claimed tobe lender.

I have never owned a home and have always rented while I completed my education (am now a doctor).My wife and I found a deal where the owner is willing to finance the property (price 296K).