In Virginia the total for pre-licensing classes, licensing exams, E&O insurance, Realtor association fees, etc. comes to roughly $2,000.

My area had a ton of REO's and pre foreclosures and land for dirt cheap.

I can file and LLC with the state along with articles of incorporation and a operating agreement, both of which I have found on the internet that are simple and geared towards real estate investors.

Southern Colorado has more inventory of pre ww2 but I don't entertain for the maintenance reasons you described and at my price point makes no sense dumping money into a early 1900s fixer.

No pre-payment penalties - I'm not seeing pre-payment penalties from local/regional banks on CRE loans.

If you want to make cash offers you need those.Some lenders will give you proof of funds letters and those might work with some sellers.Or, get pro-approved and include your pre-approval letter with your financed offer.In any case, an accepted offer on a listed property means you're going to have to come up with real earnest money, not sure $10 or some such.

I got my pre-approval and looking for my first property.

As an agent if you are on say a 50/50 split and give up 25% referral you are now at 25% of commission before business costs and that is pre-tax before the other things hit.

Hi everyone, I'm super excited because I have found my first pre-foreclosure deal.

I am a pre-medical student pursuing a degree in chemistry, I also have a minor in physics as well as a minor in business management.