Quote:
Originally posted by HeadPimp
If you are diving into the mortgage business, you are hitting it ~3 years too late. Most of the money has been made from the re-fi craze. Last time the rates went up 1% here in Seattle, a couple offices closed and one went bankrupt.
Real estate is a refuge for losers (like internet porn) but it has its professionals that make good money (like my wife). The key is having the right personality and professionalism.
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We been in the biz for 16 years and the industry has ups and downs like everything, if you want to make crazy money and not worry about current federal prime rates just do BC paper(bad credit) the current indexes have no bearing on interest rates, mind you, you will be dealing with the deadbeats of the world and the loans always takes months to close due to oustanding tax liens, judgements on credit, bankruptcys and so on. It pays well and there are more bad credit people then good but it fuckin sucks. Keep goin with the porn