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Updated almost 6 years ago on . Most recent reply
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How hard is it to sell money?
Mortgage & Lending broker experts...how hard is your job? How hard would it be if you only did it 10-20 hours per week? I keep getting advertisements to pay $500/month to start my own "$25,000 branch" as a commercial mortgage broker (receiving training, setup, etc.). My wife and I have been talking over adding this possibility to our "real estate bucket"...but I'm very hesitant. I saw some limited stuff on forums about this, but really want some expert opinions on time put in versus likely commissions and whether it can complement a real estate investor or it just turns into its own stressful long-term job. I feel like helping others close deals can only help my own investing career. Based on the number of people that hit my in-box offering capital for deals, I'm trying to gain a better sense of the competition. Thoughts? Experience?
Most Popular Reply
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- Lender
- Lake Oswego OR Summerlin, NV
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LOL this is a non starter.. only one making money are the guys charging you.. Lending is a full time gig tons of competition and most real good lenders have a stable of realtors or investors in their hip pocket
- Jay Hinrichs
- Podcast Guest on Show #222
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