It’s quite nerve-racking, but I honestly couldn’t be more excited to begin getting my RE goals underway!

You plan to take money from the 401K - have you examined the tax consequences of that?

I can't believe that in this market that someone would risk a deal over $100 after all the seller got his full asking price.Then the seller had the nerve to call me up after the closing and tell me how stupid I was to use a title company to close the transaction.

In some states there is also "Education in Lieu of Experience" to qualify for the real estate broker's exam. In

Second, this is your first investment property ... also not a good sign for a lender (no track record).Ask yourself (many times throughout your examination of this property), "If I had to use only my money to make this deal work (no loan), is this the best place to use my money?"

Get all the stats on the home make a tour and then examine all the sold homes within a mile of the home that compare favorably with this property and then take the average of the "sold prices" to set a preliminary "List Price".

“I cant speak for every realtor- but…And I do think I speak for ALL GOOD ETHICAL REALTORS here.“Either you do or you don’t…LOL :D …ok all kidding aside, I’ve obviously touched a nerve, which leads me to believe you’ve had a problematic experience with a short sale investor.

Yet an examination of historical tax levels and unemployment rates reveals no obvious correlation.

In all cases, you have to do some examination of the comps to see their condition and actual configuration.

A person who has met all the license qualification requirements (including a 75-hour prelicensing course and passing the Commission’s license examination) is initially issued a broker license on “provisional” status and is referred to as a “provisional broker.”