Is there any legal way to compensate someone without their real estate license for sending you a real estate deal (wholesale, flip, etc.)?

Thanks Chris -- will definitely start talking to specific lenders.

Having a broker underwite your loan to your borower will allow you to legally charge above the usury limit just as banks, credit card companies, etc. are allowed to do.Lastly, make damn sure the exit value is real and easily obtainable and that this "rehab estimate of $16k" is accurate.

There are probably very specific laws depending on the city that you are in.

Are you looking for agents in a specific area? 

Target a price based on where I am in my REI plan, which has a specific amount of cash available, and a specific return needed from that cash, at the specific timeline in my plan. 

legal fees or the headaches of tax filings etc.... 

Leveraging that asset to finance another deal is smart play, and the townhouse you're eyeing seems like it could be a great addition to your portfolio.When it comes to budgeting for renovations, it's definitely a challenge to nail down accurate estimates, especially when resources might feel a bit outdated or not region-specific.

We believe underfunded investors doing creative finance are a legal danger to themselves and to the seller.

Are you looking for properties specifically in the city of Grand Rapids, or the surrounding areas as well?