With this much equity and a house in perfect condition, there's no reason he can't just sell it through a broker.

Generally I do an 'equity split' by taking the low-side of estimated ARV: less my expenses to fix up, less 3-months holding costs, less sales commision for a broker to list and sell the property after repairless any reinstatement and/or lein amounts due.

Plus I refer them to an amazing Mortgage Broker that will work with them to repair their credit and then buy the home at the end of the term.

Any suggestions for a mortgage broker to generate leads?

If it's a deal you find on the mls, 9.9 times out of ten, your realtor's commission is split with the listing broker, which comes out of the seller's side of the transaction.

Im working as a server.. just started as i just moved here.. but they wont even allow me to claim tips on mortgage apps till ive been there for like 2 years and thats just not realistic for me.. dont know where to go from here!?

I was a partner in a foreclosure company for the last couple of years, which led me to get my broker's license and meet my present boss(es) at Trustee Sales, where I was bidding on properties.

Also, a mortgage broker once asked if those 10 mortgages were all in the person's name or LLC which led me to believe there's a loophole somewhere.

After 15k estimated Brokers fees and a 44k Investors fee, we are left with 89k, which will be payed to the seller.

Another options of use online QuickBooks is to host your software and the data file on someone else server to access 24/7