Originally posted by @Jerome Harrod II:
"We don't allow our agents to perform assignments of contracts or participate in sub-leases in creative financing because it's a huge liability without much return to the agent and company to justify the risk."
So what I don't understand is, brokers are stating that they don't support creative financing because of the risks and whatnot, but yet, it's covered within the real estate pre-licensing course. The first thing I did when I sat down with a brokerage firm was explain my expectations...I plan to invest, I plan to use creative financing, because there is a huge market we are leaving out by not implementing it, and I plan to specialize in win-win solutions (again using creative financing)... if the brokerage could not agree and support my objectives, I would not agree to align myself with a brokerage that I will be paying some of my income yet subjecting myself to lose money due to abiding by their scared rules. Remember you are interviewing them just as much as they are interviewing you. Happy learning, living and investing!
Stephanie