If you are a mortgage broker and falsify documents to put through a FHA loan on a property that has been owned less than 90 days then, yes, you would go to jail for FRAUD, not for flipping.

Now if you have a license you might think of activating it again and working with a broker as a part-time agent and just pay your dues to get access.

i've taken out a HUGE book from my local library that helps realtors, appraisers, inspectors and brokers, to learn New York State real estate law and regulations.

a mortgage broker?

HI CHRIS,What is your criteria for brokering notes?

Looks like a nice bunch of people.I sell in Santa Monica,CA and give a rebate to all my clients.I am in the process of studying for my Brokers Exam and willstart my own company called Street/Road Realty:http://www.streetroadrealty.com/Best,Tom 8)

Wholesalers can be found at RE Investment Clubs, Craigslist, Mortgage Brokers, and RE Agents may know wholesalers.

I work for a broker/lender here in Orange County, CA.

I work for a broker/lender here in Orange County, CA.

take these #'s for exampleARV=200KPurchase price of home = 100KAfter figuring all of the soft, closing, title, taxes, insurance, points paid, Interest for 1 year and the draw interest...I calculated that you would have around 17K to work with in rehabing the home within the loan and you may have to come out of pocket to finish it.... and you haven't even paid the sell side closing costs and broker fee.Just my $.02