Q: How much do I get paid on for borrowers I brought in who fund loans through Private Money Exchange?
A: You receive 25% of the net points paid to Private Money Exchangethat were charged on the loan.
Q: How much do I get paid on for Lenders I brought in who fund a deal through Private Money Exchange?
A: You receive 25% of the net points paid to Private Money Exchangethat were charged on the loan.
Q: When do I get paid?
A: Your share of points are distributed by Private Money Exchangefifteen (15) days upon reciept of escrow funds (closing).
Q: Do I need to be licensed to solicit people for investment money?
A: No, because we are not "pooling" their money into a fund. We are simply collecting their contact information for potential financial backing on private money loans.
Q: If I know someone that has money in a 401k or CD's are they good candidates to become Private Money Investors?
A: YES! These are perfect people that are likely making no more than 1 - 4% interest on their investment. As an Independent Commercial Financial Specialist you can show them how to triple their investment growth!
Q: Do I need special classes, education or training to become an Independent Commercial Financial Specialist?
A: We teach and educate you on everything you need to know to be successful in scouting out future Private Money Investors and Lenders. It's a win - win - win relationship!
Q: If I know someone right now, but have not purchased the Private Money Exchangeproduct, can I still refer them and receive the 25% proceeds?
A: It is in purchasing the Private Money Exchangeproduct where you learn how to qualify future investors and become part of our esteemed group of Independent Commercial Financing Specialists. We provide you with professional business cards and a website to give you added credibility and a tracking system for all the investors you send to Private Money Exchange.
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