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Private Lending & Conventional Mortgage Advice

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Rodney Dixon
  • Tampa, FL
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Right Avenue for Private Money?

Rodney Dixon
  • Tampa, FL
Posted Jun 17 2015, 10:10

I'm currently considering taking action on recruiting as many private money partners as humanely possible for my RE deals and have thought up taking this route: executing Calling up a couple local financial advisors and private wealth advisors(since these are middle man connections to money) and pitching them my private lending opportunities in which I want advisors to present it to their clients and whichever client wants to do deals with me, I'll have them available for funding my deals and I'll pay a "referral fee" to the advisor for his/her help.

So for all the readers of this post, my questions in sought of direction and sufficient instruction, can my idea be accomplished successfully without violating any rules that the advisors would be faced with?(I read something about the"selling away" rule).

My other question is, would those types advisors be best for this agenda or a different type of advisor?

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