We have more leads than we know what to do with right now.

NO debt.The mortgage broker ran his numbers for a approval not long ago and told me that with him backing me I can do most anything.. the debt to income ratio was .7 He owes nobody period.

They are going to want to see a credit report that shows a history of making your paymnets on your debts.

check out companies that gather these leads and sell them to real estate professionals like you.

I have no debt, have good credit and a little money to work with, but have decided to increase my knowledge and funds.The reason you have no money and bad credit, say's that you don't finish what you start.

If you plan on buying RE without a job, this lending market will demand a good credit worthiness and ability to pay the debt (a job), so you will need to partner with someone who can get the loan in their name.

I didn't get it, because I wasn't quick enough.If the agent you have will feed you leads on deals besides their own listings, and will be quick, use them.

I'm using borrowed funds to purcahse the notes, so I don't want to sit there paying my debt service for longer than 3 or so months without having an auction lined up.

So, subtract your monthly mortgage cost and calculate how profitable they would be.Assuming they're not losing money I'd probably consolidate for a bit, not take on any more debt (of any kind), pay down all debt, but particularly pay off the SMALLEST loan.

I'm not really utilizing the license because all the leads I get I give to my wife who is also an agent.