I have had my real estate license for the past 5 years but also plan on getting my brokers somewhere along the line and starting a brokerage hoping to work with investors and rehabbers regularly.

Should I immediate deny this applicant without running any further reference check?

The HUD reference was to the HUD settlement statement from the initial purchase.Yea.

After six months or a year, you could refinance the loan with a regular lender, assuming you meet the criteria above.

I know other family members who work a regular JOB.Their mindset is put money in savings in case of a medical illness or rainy day fund.Take 1 or 2 trips a year with vacation and that's all they aspire to be.They look at me and what I do and think "I am lucky" or "I have it good" that I have my own business.They think I sit at home in my office all day and do nothing.They do not realize I am putting in way more hours than they could imagine.I am sacrificing now so that down the road as I get older (36 now) I can take it more easy.Meanwhile many of these (savers) will be working as a greeter at Wal-mart at age 70 and complaining about social security not being enough.I am not going to be one of those statistics.A family member that is 68 has their house paid off,car paid off,and with social security still lives hand to mouth.I try to explain they need to grow that money to stay solvent but FEAR is what grips them from making a move.Whatever everyone believes we know we are born and in a certain amount of time we die.Where we go after that is up to each person to decide.So you do not have time to let FEAR keep you from making rational decisions and not living life.There is risk in everything.Successful people taker calculated risks and on average win more times than they lose.I guess I would be 4 and 5 since I have my own money but also buy property using owner financed deals.

Please give me references based on experience.

Property A I listed January 14, 2011-- was lucky with that one: sold in 7 days pretty close to list priceProperty B I listed December 27, 2011-- sold in 32 days at a pretty strong priceJust wanted to let everyone know how it went for future reference.

Perhaps you've ran onto some good lenders in doing business and you can refer her to one of those.

What is a performance group: a group of investors who communicate regularly to share operational and planning ideas, and to act as a “board of advisors” for each of its members.How it works: Gather 5 or 6 investors who are dedicated to building their business.

Thanks everyone for the suggestions.I've was referred to two realtors.