Currently, I am reading @Matt Faircloth book which you can get here on BP which is called Raising Private Capital.

@Mike Easton the key is the mindset during conversation typical realtor conversation -- market price blah blah ... i can list wholeselling conversation -- i saw your house and can pay you $XXK with $XK earnest moneyGiven you are a realtor , you really need to polarize (two extreme) your customers to see if they are retail seller (have time and not in need of capital immediately) vs someone really needs to get out with cash on hand yesterday. 

Whether you create an LLC or just a private contract... it needs to be written down so everyone is aware of the expectations.

Private message me and we can set up a time to chat!

I do not think I have the funds to cover an entire conversion at around 4-9k.

Purchase through wholesalers, fund via hard money or private money (an option once I had a track record), then refi in under 90 days.You will also need a trusted and dependable contractor, which is what a lot of us struggle with.

You could take 50k and be a private money lender and make 10-12% returns and use the other 50k to buy a renal. 

Then record home-equity lines of credit against them payable to an entity the client was privately.

I have a lot of connections in the West Michigan area including possible private lenders, contractors and real estate agents.

These are called private lenders and likely what you are experiencing is a scam