A friend of mine is flipping a couple of properties and she was looking for some private capital. I reached out to my network of private investors and connected them two together. We agreed to a small finders fee after closing. I mentioned this to another flipper in casual conversation and he said what I did was illegal and that I needed a broker license. Is this true?
In general. Yes.
You might want to listen to @Joe Fairless podcast #1054 with @Amy Wan from Bootstrap Legal for some thoughts on how to stay out of trouble