How to Make Money on the Underside of Real Estate… Mortgages

I have discovered a new source of business. When I told people I was an investor, they kept their deals to themselves. When I told them I was a licensed real estate broker, they asked for free advice but kept their deals to themselves.

Now that I tell people I am a Real Estate Investment Banker who does mortgage and syndications, everyone comes to me with their deals and asks me to get them the money.

We do fund deals, in fact we are about to fund a $2,000,000 apartment loan. And sometimes I go in on some of the deals, from houses to larger income properties.

The point is that being a loan originator is a super fit with the investing business.

Here are some reasons why:

1.    Just learning what you need to learn teaches you so much about real estate investing. For instance, the list of allowable down payments is long. It includes a note secured by another property you own but it does not include a line of credit. A line of credit is considered borrowing the down payment but a note secured by real equity is considered a withdrawal of equity. Interesting, huh?

2.    If you are selling houses on lease options, you can help your tenants get loans.

3.    By specializing in investor loans, you will broaden your contact with successful investors. (The normal loan business is already dropping off slightly, but investors always borrow money, high rates or not.)

4.    It gives you a second source of income, one that could be quite substantial. We work with Freedom Equity Group, who is mentioned above, who paid out $60,000,000 in commission last year, much of that for loans fees earned.

5.    Our system allows you to specialize in loan placements or allows you to specialize in hiring and building a team of people who will place loans and you get an over ride. (Part of the reason we are looking for trainers is to build our business in the second way, building a team.)

6.    Maybe most importantly, we have started building a system of training you not only on the mortgage application process but on how to build a mortgage business. We plan to stick with you. I personally have taken several days of training (and one more this month just to get right what we will be teaching. I am investing my time to help you do it quicker and easier.)

7.    Lastly, we are working with a group that WANTS investor business, one that does modular homes, and apartments and is trying to learn our needs. That is great!

Here is an action step...go to www.zickhomeloans.com.  You will get one just like that for your own. If you want to sign up, click on the “Employment” button and follow the instructions. You will be an early adaptor. This means two things. We are swamped in June and July (Weddings, vacations and lots of events we attend as well as present.) We will not be able to help you much until August. And our training will not start until after or near the end of August. (There is training all the time in the San Francisco areas and now and then around the U.S. that you can attend, but ours will not be ready for three months.)

Now the good news. Early adaptors get in on the ground floor and with less cost and more opportunities.

So if you are someone that does not need a lot of hand holding to get started in something… someone that can fill out forms on the internet (which you will be doing soon since all loan applications are filled out by our clients on the internet – which is another plus)...then log in and sign up.

P.S. My recruiter number is 11345MP, which you need when you sign up.