The reason it works is because of fear, all the info you need is in about 3 gook books (at best 3) after that you have the know how to do RE, but fear says you can't and gurus say to them self "these guys STILL are not doing what they should, let me bring out a person that actually took the info to use and have them go out with the guy who hasn't done anything and I can charge the new guy AGAIN!!"

They also do re-fi's and have a construction loan that is 100% reimbursable per a draw schedule. 1 point lender fee and APR of 4% on an ARM.

@Dell Schlabach , an agent can not hire an agent to do RE sales activities, you must be a broker.

I've always wanted to do RE flipping since i was like 12 and i watched good ol armando montelongo on t.v , and well here i am today seeking a start. 

I guess that is why investors like us have to do RE deals, it is the real source of our incomes.

And realized how lazy people who say they want to do RE are.

While they do re-set (go up if they were capped) upon sale, the sales price is explicitly not used to compute the value of the property for property tax purposes.

People that prefer notes could be just too busy to do RE.

If one of my insurance agents is struggling to meet his sales goals and I know he is spending a significant amount of time trying to do RE deals (wholesaling in this case)... how lenient and understanding do you expect me to be when he wants his draw extended another 3 months?  

I was a pharmaceutical rep until I retired about a year ago to do RE full time.