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All Forum Posts by: Wilson Pe

Wilson Pe has started 16 posts and replied 24 times.

Post: Ive decided to get my RE licenses, which route to take?

Wilson PePosted
  • San Gabriel, CA
  • Posts 25
  • Votes 6

Hey BP,

After reading a lot of topics on RE, i decided to get my real estate license. Should I do this through a bokerage firms training program or should i explore the courses myself? Anyone have class recommendations for the CA area?

Post: Should I start off as a real estate agent?

Wilson PePosted
  • San Gabriel, CA
  • Posts 25
  • Votes 6

I was having coffee with a friend and we discussed about starting a business. To make a long story short, he wants to start a coffee shop but he has never had any experience in the food industry, therefore he is planning on franchising so he can learn the ropes of the foodbev industry and have a jump start. I'm somebody who eventually wants to get into real estate developing and want to use the same concept to get into real estate. Should I start off by becoming a real estate agent so I can get a jump start in the real estate market, or should I take another path? Any advice would be great.

Thanks

Post: How can an entrepreneur/freelancer get a mortgage?

Wilson PePosted
  • San Gabriel, CA
  • Posts 25
  • Votes 6

Thanks everyone for the reply! I was talking to a very close family member about this and she noted that she could help me co-sign, which should help, but might still be difficult.

Post: How can an entrepreneur/freelancer get a mortgage?

Wilson PePosted
  • San Gabriel, CA
  • Posts 25
  • Votes 6

Hello everyone,

I've been thinking about buying a house for the past year. I saved up enough cash for more than 50% down payment, but the main problem is that I am a freelancer and I try to write off as much expenses as possible. I've heard about some gruesome story about how the bank will request details of every client etc before even considering you for a mortgage. What steps can I take from here? I don't mind a higher interest rate as long as its reasonable and I have extremely good credit.

Thanks everyone