There are some good loan officers out there that will be chained to the bank as an employee for a long time.A license does not indicate a level of professionalism or much of an achievement as it use to.

Most programs out there give you ample opportunity to simply cheat on quizzes/exams to pass their courses very fast.The Real Estate Exam is not very hard and I really think I could have come very close to passing it without any study work and simply using common sense, educated guessing, but there is a lot you simply will not even know anything about without proper studying.If you are self motivated, not very social or care to be, and know you will learn in-depth and want the freedom of being able to do it on your own time then take it online.If you like interaction, and doubt your will power to really study something on your own and not cut corners simply to achieve the end piece of paper result then take classes.I live in Texas though, so we are only one of a few states that seems to actually require any real amount of education to recieve a license.

I will say that its made me even more driven to achieve my goals of getting out of the rat race.

Those numbers can be achieved here and you can expect about 450-550/month in rent.

What an amazing achievement!

If you stick with trying to make $30K, you may eventually find a deal, but you'll also probably lose many deals in the meantime.Only you can determine how to proceed based on your goals and what you're willing to sacrifice to achieve them.

If your goal is $3-5K per month ($36-60K per year), and you expect to make about 15% cash-on-cash on your investment (not unreasonable with a relatively low risk profile), you'll need somewhere between $240-400K invested.If you have more than that, you can reduce your risk profile and still maintain that level of cash flow; if you have less than that, you can still achieve your desired level of cash flow, but you'll have to increase your risk profile.

Recent SOLDS of your immediate area will show what buyer expectations and price points are for the the location.Remember ACTIVES are the sellers expectations which mean nothing.You will have a mix of sellers with realistic to unrealistic pricing and different levels of motivation.So you have to take active pricing with a grain of salt.Also with solds an investor might have achieved a high sales price but gave away the farm in concessions making their walk away NET less than an investor who sold for 6,000 lower.Drilling down to your local demographic versus the national picture is key when flipping.

Typically I set some goals that I try to achieve each week and track my progress that way.Weekly goals are 1. 50 direct mailings - absentee, probate, vacant houses, etc2.

Here is my situation:Part time Real Estate investor with several properties owned free and clearNeed to leverage properties to grow business660 Credit Score (FICO)45K Credit Card debt145K Mortgage80K income (full time job)One late payment (30 days) 2 years agoUnable to use 48k year in rental income due to last two years tax shows negative income (properties were purchased and rehabbed during this time)Bank deal - Approved mortgage with the following stipulations- Debt to income is too high - Bank would require that 18000K goes to CC Debt at closing- 2500k Loan CostOR - depends on increasing credit score to 680 min 720 optimal- Bank Line of Credit (for this they will use rental income plus job income- Low fee's for loanMy question is "How can I achieve a relatively quick score increase by 20-50 points?