I pay agents and referal fees up to 7% depending on the deal.

I take it you are refering to residential properties-not commercial?

I have come up with a new solution with a business partner to solve the risks and give more protection to both sides.

That may be the lag time they are referring to.

Another solution thinking out of the box would be to ask the agent if you found a buyer would he reduce his commission and have your parents pay you.

Without knowing who you are, why would someone refer to you?

It's referred to as having a non occupate co borrower and it will limit your options as far as what you can do.Now you say your credit score is around 700.

That's very difficult and they're, most likely, over-promising.)Do they have any references for people they've helped?

It is very late and I need to run, but I wanted to refer you to an article I wrote: Assembling Your Real Estate Investing Team.This should help you to get a better idea of who you want and need to have around.

. $100 or so if they refer someone to us that ends up renting.