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Old 01-04-2007, 01:50 PM
Secret! Secret! is offline
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Join Date: Dec 2005
Location: Southern California
Posts: 496
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Quote:
Originally Posted by florida man View Post
I agree with secret that you making 'referrals' or incentive does not make a boat load of money. Nobody i know does biz that way.

However, if you are LICENCED in a state but do not have a specific lender signed up that can help the borrower, you can flip it to another LICENCED broker in that same state to do the loan for a fee.
Thanks for the endorsement of this concept; I don't understand how you tied this point to In-state Co-brokering - called "third party originations" by most wholesalers who FORBID IT, but Thanks for your reply and Happy New Year.
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