You can put your license in referral at most brokerages and pay no fees and still be able to do referral business.

Hey BP family, I'm currently trying to help out a family in need from having to foreclose on there property by taking over subject to, it has a high interest rate although the entry is around 20k I want to wholesale this ultimately Is it possible for me, to disregard my initial assignment fee to get a buyer asap and add a 2nd lien on the property as my fee? 

I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.

(Or more likely that balance plus every late fee, penalty, escrow shortages, and anything else the lender can declare owed.)

For example, most anywhere will get $700 room, $75 fixed rate utilities, $700 deposit, and then offer a 36 months, 12 month, or month to month lease ($350 fee if ending lease <90 days). 

We then lease the property on a 3-year lease with the option to buy and the tenant buyer gives us a $4000 option fee to buy the property for $260,000 within the next 3 years.

The income includes things like late fees, a rented garage, and utilities that are billed back to the tenant. 

You may have to renovate a property, building maintenance fee may go up, rent will come down and vacancies will rise as the old properties become undesirable with time.

He told me he owned a few mobile home parks in town (they were large and had high lot fees) and this is what sparked my curiosity.

My partner and I don't get a cut of any of the money invested, it's a flat-fee membership club.