@Iris Olivas Most local banks/credit unions can do this deal with lower fees and potentially rates than brokers.

Quote from @Jeff Sanders: Personally coming from an agent/investor in CA, I always get a quote from a broker of mine and make sure I am knowledgeable with the fees/costs.

Broker fee on that loan size is usually 2.5-3 points.

Clear Title. 20+ years as local Real Estate Broker.

Hi @Sean Leahy - good direction, I've never considered this but now that I think about, whenever I've had some random rental/sale listings I've been approached by brokers who said they represent folks that are part of the insurance company's claim management process (e.g. their house burnt down due to an accident). 

Raising money is all about marketing and sales (not real estate specific) so either hire marketing agency and read sales books, or hop on some LinkedIn courses on marketing and sales.Not sure the legal structure to use: talk to accountants and attorneys.Need deal flow: talk to brokers and go to a lot of networking events.Lending terms: start calling banks and loan brokers.From there, it is all risk mitigation. 

I'm reaching deep into my psychic thoughts… I see it… A majority of people who respond to this post will be real estate brokers… I can see it!

I'm a licensed broker here in Ma.

Just need to be sure that the company itself is licensed in the state and so is the lender/broker you're working with.

I brokered over 250 deals after taking the 4 day in person Certified Private Money Broker program.