Well, in legal sense, there's no much of an issue. But if you're going to have a website just for a forefront of bunch of affiliate links, i doubt if it would actually translate good traffic for you, much more, actual sales or leads.
You will have to have a decent website to establish traffic, then you acquire relevant-to-your-demographics and properly positioned affiliate links.
Being an affiliate is not just getting it done. There are certain ways to do it, but of course, this is speaking in ideal sense.
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