is to obtain a real estate brokers license, and begin working part time in commercial real estate as a broker or leasing agent.

Only thing to really remember is to NEVER pay for information you can always obtain for FREE by professionals who are actively doing deals every day.

Nothing herein contained shall limit or prejudice the right of the Owner to prove for and obtain as liquidated damages by reason of such termination, an amount equal to the maximum allowed by any statute or rule of law in effect at the time when, and governing the proceedings in which, such damages are to be proved, whether or not such amount be greater, equal to, or less than the amount of the difference referred to above.I tried my best to understand what this states but I do not understand it completely.

You seem like a nice enough guy and I don't know the facts behind your investment decisions, but my ability to obtain great financing has been adversely affected by the ill-advised actions of others.

You may find owning properties in an LLC can make it more difficult to obtain financing.

Thanks Vic L. and Darryl Dahlen Vic - yes I am talking about gold jewels, not gold bars.But the more general question is ( forgive my ignorance about the gold world), isn't there a standard, (semi-)universal, legitimate appraisal certificate that can be obtained and used to show to these banks.

In another situation, two or more properties are pledged as collateral for a loan where a loan might not be viable or as a function of reducing the lender's risk or as a function obtaining more favorable terms for the borrower such as a higher loan amounts, cash out options and perhaps lower interest rate to name a few.

The challenge was coming up with the remaining funds to purchase the property even if you could assume the existing mortgage.To put some simple numeric examples:Purchase: $100kDownpayment: $20kAssume existing mortgage: $20k (because it's probably been paid down for 20+ years).Funds to close: $60k (plus closing and rehab costs).No other lenders will look at funding the $60k it because they'll want a 1st mortgage position.If the numbers work, best bet is to obtain financing for the purchase and pay off the assumable loan.

I calculated my costs to run about .40 cents a letter (mail merge, stuffing envelop, hand writing address and putting stamp on it) and about .60 for stamp, envelop, ink, paper and obtaining the lead.

Hundreds really aren't very many loans, a good law suit may take a 1000, they just haven't had the luck of the draw yet.As an RE Broker you can facilitate the transaction, you can not really process the loan (obtaining loan documents necessary for underwriting) underwrite the loan, that requires a mortgage type.