I recently decided to get into the Investment Property Business. I ran into a business who puts you does all the work for you. They put you in touch with the hardmoney lenders, conventional loan persons and various other people to get your deals done.
They charge a $295 application fee and at closing they take a Broker Fee and 1 Point if you use a Hard Money Lender. I believe its the same if they do conventional.
She is very knowledgeable and the little time I hung around her she had a lot of information and many many people calling.
I was told (because I am already in sales) that that is something I can do in the future.
I am wondering how this actually works though? At closing does she tell the lender to cut her a check as well?
I am just a little confused as to how this works.
???