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When you say 'broker' do you mean a Real Estate broker or a finance broker?

The challenge in a Coop is finding a TBer to pay your fee (most of the time the assignment fee is 3% of value, and many times the 3% has to be financed in a promissory note or borrowed from a family source or a finance company).RE: Notes, there are terrific sites about creating a note and selling the note at a discount to a note broker-note buyer.

So of course I got a call saying come get them or you will get a fine!

There is a fine line between helping people develop, and straight up training your competition, especially if they live in the same town.

The IRR calculation only factors in cash flows over time to result in a final value which *IS* the discount rate.

(remember you tread a fine line between wholesaler and broker and you must make sure that you are not telling the homeowner you are finding them a buyer - that would make you a broker brokering without a license and you can end up heavily penalized) 2.

After all, they read out the correct information on the phone. and never saw a final copy until closing.another pet peeve of mine is lender's ordering appraisals of investment property and not specifying that a licensed appraiser must do the investment property appraisal.

One major bank will go to 525 but you have to fit a fine criteria that is bascially hard to get to.Stated= 1099 or cash wage earner will usually stop at a FICO of 620.

Only yesterday did the buyer demand to do a final walk through.