If you find something out there higher than 70%, it's not a conventional mortgage so likely doesn't have the nice rates & terms that are usually associated with conventional loans.Conventional appraisals on 1-4 unit properties will use the Sales Comparison approach, so even though you've nearly doubled your income, you're still going to be bound my recent comparable sales.

You can, but you'll be sacrificing possible sales every time you opt not to answer that phone call or show that house.

I'm asking the question mainly because I am wondering if a Salesperson can also incorporate and use that Corporate Entity to be associated with the Brokerage.Therefore, if the Brokerage gets sued, the Brokerage can only sue the Corp of the Salesperson.Hopefully this is a non-issue where Sales Agents do not need to worry about potentially getting into a lawsuit, even at his own doing because he was not supervised correctly to prevent the liability in the first place.Thanks for any replies in advance.

Good Evening.I have a scenario where I have an off market seller for a SFH located in NJ with a purchase price of $32K. I recently finished up a flip project less than a mile away from this property and the seller is ...

I'm an Investor in Brooklyn, NY.I'm thinking that I would like to work as a Sales Agent towards a Broker's License eventually.After thinking about it, there might be some issues in regards to personally buying a property.Let's take a particular scenario.I am the Agent for a Broker that represents a Seller.There are multiple Bids.I fully believe the property can be more valuable than the Highest Bid.Because I have access to those Bids, when a call for Best and Final comes, and I see those bids, is this problematic or at worst, illegal?

I moved here for a full time outside sales position in roofing and safety equipment.  

I'm asking this question because I currently hold a note with a partner for an owner financed land sale.

The the sellers may have capital gains income from the sale so by recommending they carry back a note with you, they can spread their gain out over a multi-year.

I know that this can trigger the "due on sale" clause with the lender but I've heard there are ways around this using a land trust? 

Also, we now have a for sale sign out front!