Now that I have established my business at this level my risk tolerance has dramatically decreased.

I don't think it is illegal, but I think you now have to have some kind of license or something, and you have to follow specific procedures.

I am a licensed mortgage lender and also an investor.Paul Khin (239) 573-7376 cell (239) 994-0424 [email protected]

I do have basic real estate knowledge as I once held a license in Texas, but gave it up when there was no more time - that was 20 years ago.

That is, there is not necessarily a rule for amount of option fee or monthly rent - it's whatever the market will bear.If the renter exercises the option, you would have already established the purchase price when you setup the contract.

Working in a financial planning firm full time, holding my series 7, 66, life, accident, health, and NH real estate licenses.

can anyone recommend an established, networked, regular meeting REI club in South OC that they have personal experience with?

The top investors who have established themselves in the good times will find the competition falling away in the bad.

And every time they show the Gain, it is gross, not net of real estate commission (Montelongo's seem to have their own real estate licenses as well as mortgage license), closing costs, stamps on the deed and mortgage, etc.

Establish what price you need to be at for profit.