Day to day business of using mortgage brokers & loan officers to procure financing?

But I don't know the specifics of how it would need to be set up.I'm wondering if anyone is aware of such an entity that procures this type of insurance for an individual investor.

I've had other wholesalers tell me it would suit me better to work on building up my buyers list, and if that list/contacts didn't procure a buyer, to partner with other wholesalers who have a large buyers list and give them a cut out of the deal.

If you're selling, you would be paying the commission to the listing agent and the agent that procures a buyer for your property (this amount may vary by state, but is usually 4-7% of the sale price of the home, ~3% to listing broker and ~3% to buyer's broker.)

Florida Law won't allow us to pay a non agent for procuring a tenant.

If a property manager/Realtor procures a tenant then brings the landlord a contract for purchase from that tenant, then a commission would be expected.

M Ness with $20k you could certainly outsource your marketing efforts to procure a deal.

Bravo that Scott, and also gleaned from Mike McLean's Section 8 Bible (so good Im tickled to parrot him) tell them you are the contractor and answering to the property owners.Puts you in a position to be the good guy and the nameless/faceless owner the bad guy when you have to instill hardened discipline.Also, gentle wisdom for the 20 somethings in this thread. . .

No, they are not trained for this.I'm just parroting what I have learned, mostly from attorney's, I'm certainly not an expert.

(it's called procuring cause)