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Old 06-16-2004, 01:00 AM  
cluck
Confirmed User
 
Join Date: Dec 2002
Location: New Jersey
Posts: 5,248
Warn me if I'm going to be burned by this biz op

http://www.wes-state.com/loan_brokering.html

It looks legit to me. I figure it'd be pretty simple too. Buy leads or open an office, take out some ads, etc and just broker the loans for the commission. Leads can be bought or I can hire a bulker or even start an affiliate program.

Figure $195 for the program which is basically useful for the lender directory. Maybe pay some people under the table at first to get the busy work done, or go through these guys and sacrifice 50% of my commission. Plop down some cash for some leads and use them until I close one, evaluate things to that point and reinvest in leads/manpower.

Or fork over the $3000 to commission junction and pay affiliates for the leads. I could probably even get that money from an angel investor if I got my shit nice and thought out.

Any thoughts?
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