Worked 4 me & everybody I've known that tried it anyway;&FYI finallyIF I was closing 3-4 transactions a month(only) when new in this biz(read=all small$'s) I'd have S-T-A-R-V-E-D!

The title company will take the $70k to close the transaction with your original seller and he will receive that amount, less any underlying payoffs and title fees.You receive the difference: $13,000 in cash and a $5,000 2nd lien as an investment.

The property sale is structured as a seller financed transaction.

When I first started I made a profile of what type of transactions and what type of clients I enjoy working.

I guess you'd also have a better understanding of Real estate transactions.

It is true that some brokers may find one high earning transaction to be of a greater priority in comparison to a transaction of a lower earning capacity.

I am thinking about using Ziprealty or other discounters for my transactions to save some money on this front, but I have heard mixed reviews, especially on the sll side front.

Coming back to HK started his own production of plastic flowers where he made his fortune.

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I hope to have it back on the market in a couple of months.I have worked in the financial services industry for the past few years and recently added mortgages to my arsenal of products.