and gave me a generous deal.I've since discovered that almost any brokerage in our area will take on new agents, without any minimum production requirements, but they'll likely attach monthly fees and take a healthy cut of your initial commissions each year.So, I guess in summary, you'll have no trouble finding a broker who will let you hang your license with them, but depending on what kind of a deal you're hoping to get, it may take a good bit of interviewing and negotiating before you find something you're happy with.

Soon, I would like to start rehabbing and flipping properties around Frederick, Maryland; with the eventual goal of being involved in buy and hold and producing some passive income for my family.

They openly admit it and have not been in trouble since.

I'd like to read it, but was having trouble finding it.

., income producing assets, not a job like fix and flipping where you have to turn the crank to produce income) a 10% cash on cash return is pretty good.

The guy is extremely unrealistic and will have trouble selling this property, especially since him and his wife are moving out of state soon, I believe he will realize this quickly.

Otherwise, it's a loan and will count against your debt to income and you will not have produced your own funds for a down payment if one is required for the program.

Using lease options as financing devices with Dodd Frank coming into play on Jan 10 2014 will get you into Federal trouble, not State.Use a pure lease and pure option will not.Good luck!

I just think it was worth mentioning that sometimes good intentions can be met with bad results and a slippery slope will form where you could find yourself in trouble.

They can cause a lot of trouble for you if they get ticked off and see an attorney.Then start over with an attorney.If you can get out without losing money I'll be very surprised.I'm not jumping your tail here, but this is the type of thing that happens when people just read strategies, guru books, listen to unknowing mentors or take off on their own as if RE is like selling a car.