In addition to any other penalties imposed under R.S. 37:1455 and 1458, the commission may require that any person engaged in real estate activity without a license return any fees collected for engaging in real estate activity.7) "Real estate activity" means any activity relating to any portion of a real estate transaction performed for another by any person, partnership, limited liability company, association, or corporation, foreign or domestic, whether pursuant to a power of attorney or otherwise, for a fee, commission, or other valuable consideration, or with the intention, in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration:(a) Sells, exchanges, purchases, manages, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of real estate.

are you offering the seller 7.5% on his/her wrap portion?

I would like to continue paying for my investment properties, but need a much lower monthly payment, have you ever heard of banks forgiving a portion of the principal in order to keep money coming in, rather than outright foreclosure?

If you do not disclose this to the end buyer's lender, when they pull the title report, it will not show you on title and hence, you have a problem.If it was not a short sale, you could have assigned the contarct and had your end buyer come up with the asignemnt fee in cash (their lender will not consider that portion as part of the aquisition to loan on) or you could carry back a note for your assignemnt fee and have monthly cash flow.

You retain some portion of that to maintain your working capital, and distribute the rest to your investor.You will certainly give up a big chunk of the potential profits to your investors.

Maybe a regional manager or two will get a portion of it, and the rest goes to the higher-ups.

Sometimes if you find a good mortgage person, they'll handle a big portion of the transaction's oversight so that you don't need an agent.

If not, are you willing to spend a significant portion of your income to hire a property management company?

Or try to find out who the buyer is and possibly buy a portion of the property.

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