I am a licensed mortgage broker in Florida, but I have the ability to provide service in all 50 states so if you would like to discuss your options, please feel free to email me.

Jimmy,definitely, it doesn't matter if you have a property worth 230,000 and you're buying it for a dollar...well maybe not that far below market :D - but what makes a property a good prospect is if it matches your EXIT STRATEGYthis is made up of many different factors.Your exit strategy (or goal of purchase) is the most important aspect for your investment approach because it establishes your boundries and lets you know exactly where you stand and where you want to go!

The banks are getting much more strict and are requiring money in the bank as well as a stronger credit score (620-640).Subprime banks have a lot of pressure to keep their foreclosure rate down because they can loose their license if a certain percentage of loans go into foreclosure.If you have any more questions, please let me know.Phil Altieri :superman:

Thank you for the help.YOu need to read up on the laws in Oregon.. since this post was made new laws came into effect. you must be a LICENSED foreclosure consultant to help those in foreclosure.. the ONLY thing you can do is buy them and you cant wholesale in Oregon the way guys and gals do in others states .

Either 100% commish with desk fees (after all there is still the hassle of hanging the license and dealing with all those forms, issues, etc).Or,Something like a 70/30 split with teh BROKER taking 30, up to a set CAP.

Good Day,I am a licensed real estate auctioneer in Florida.

have you considered getting your realtor license?

You may need to establish a credit history.

., established a bank account in the business name, ordered some small advertising products, published a website and basically gone from a total newbie to someone who has the ability to hold a conversation on REI and actually sound like I know what I am talking about!

Before i learned about REI i was just going out spending money and having a good time. about a month and 1/2 ago i met this person that wanted into REI but is a father of 2 without a mother to help. he is also in the military. now 90% of my spare time is searching for deals and soon to be taking an online course for my Texas RE license.