Let's just be clear on one thing.The broker/agent is not the reason a flip is successful or not.The purchaser makes the decision on what they pay for a property.They have a right to an inspection and they pay cash or line up financing.I always love it when I hear an investor is trying to get the broker/agent to take a cut for a mistake the INVESTOR made on purchasing or cost to rehab.A deal is a deal and no matter who you pay if the numbers work then you do it.Someone agreeing to 1% has to be a broker because with a brokerage split they would almost be working for free.My philosophy is make more and work less.Just like an investor my time is valuable in a deal.Broker/agents make sure to look at your ROI to when brokering deals.We are not the RED CROSS a non for profit

It would be a bold move for sure.

Let me quote my own quote with added bolding for clarification.

You might think you're special and you might be since you're here, but I recall when every cousin and friend wanted to flip houses back in 2005-2006, most ended up in the red.

"the only negative was a broker who promised me a loan and never came thru"Bryan that was a red flag right there.Loan brokers should never promise anything.That is just like pre-foreclosure companies saying they can save your house.If they say that people need to RUN.I tell people you can't control what the banks do you can only try your best.Chris what is it exactly you are trying to do??

Here apartment building had been red tagged by the building department and they had forced all the tenants out.

The HomePath program is a scam full of beurocracy and red tape.

Do you know of anyone personally in the industry of loaning pooled amounts of OPM, (other than those greedy red tape filled banks we despise).

One; How do we go about transferring the cash without heavy taxation i.e. red flags.

Welcome Tom ... nice to have another Red Sox fan (I assume) represented in BP Nation!!