Posted by Paul Macdonald on December 16, 1999 at 24:51:24:
For $9800 I’ll give you everything your salesman offered, pay for your attending the convention in Feb., buy you dinner, drinks and a $1,000 US Savings Bond. In a heart beat. In fact, I’ll throw in $5,000 in actual paid marketing for you. Since I’d get a piece of the action from “your” loans and any deal that came in I’d be way ahead. I had no idea people were actually selling this as an opportunity. Woof!
If you are going to only do your own deals (unless you’re going to do a bucket of them) don’t bother to become a broker. Find out the rules in your state; than find a small shop with a large portfolio and get on board as a very part-time 1099 employee - a loan officer. You won’t have to turn over too many rocks to find a place to hang your hat.
Give me a call/email if you want some more advice.
PS. I meant EVERY word I said about the $9800.