Our goals as a company are to branch out into Rehabbing and Flipping Apartment Buildeings, New Home Construction (once the economy rebounds), 1031 Exchanges, REO brokering, etc.I am wondering if this forum has any information on people selling mortgage notes?

I just wanted to introduce myself and hope that I can make some good contacts using this board so we can make some money together.Anyway, I am working as a real estate broker for a sponsor of 1031 investment properties.

And have already run into several "shady" brokers asking for the world upfront with no disclosure.I look forward to educating myself and my group....

The statute deals with real estate brokers, sales associates, schools, and appraisers.

In this case, the lender should obtain some comparables from a real estate agent/ broker to estimate an approximate as-is value of the property.

It cost $495 to start and is registered with the BBB, and as far as being a note broker goes I'm going to go with Wes-State it requires $149 to start gives you access to Note Holders (they don't know if they're selling, but knows they have notes), Investors who'll pay 5-10% for locating a note for sale that they buy, and the chance to partner up with company, if you tell them about a note and they buy it they'll split the profits 50/50, and it's registered with the BBB.

On big properties, like apartments, the lender will primarily look at the property, and may only check your credit to make sure you're not a deadbeat.Find an investor friendly mortgage broker.

That's not what you're seeing, that's what you're being told - by your mortgage broker.

With regard to my current properties, certainly we manage some luxury units, but most are typical working class units (with "working class" referring to many of the service people that tend to the tourists for less than $10 per hour, food servers, Walmart employees, etc.) and we also have a number of properties at the bottom of the market.

If you are selling the property through an investor, your broker will provide you with an estimate of market value.