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| good week http://bbnovaracing.com/forum/viewtopic.php?f=1&t=16028 |
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| Author: | kireol [ Jul Wed 09, 2008 12:32 pm ] |
| Post subject: | good week |
A friend and I started a new business to do in our off work time. We've made $2500 this week so far. And today we're official and registered a DBA with the county! woot! |
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| Author: | bbnova [ Jul Wed 09, 2008 12:43 pm ] |
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So what is it??? Internet porn??? I'm sure Dogg would like to sign up |
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| Author: | kireol [ Jul Wed 09, 2008 12:55 pm ] |
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lol. no. Mortgage Loan modifications. http://www.proloanmods.com/ Basically the country is in such shambles that house values are down. We run into a TON of people that can't refinance due to current home values or credit or income. We work as an agent to get their loan modified into a better situation. |
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| Author: | bbnova [ Jul Wed 09, 2008 12:59 pm ] |
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Explain that again for us stupid people.... "get their loan modified into a better situation" |
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| Author: | kireol [ Jul Wed 09, 2008 1:16 pm ] |
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= 1)Get their rate lowered. 2)Get an ARM turned into a fixed loan. 3)Get principle amount reduced 4)etc. |
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| Author: | bbnova [ Jul Wed 09, 2008 1:17 pm ] |
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Ok.. |
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| Author: | kireol [ Jul Wed 09, 2008 1:20 pm ] |
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Got about another 5,000 coming in this week or next. amazing. |
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| Author: | bbnova [ Jul Wed 09, 2008 1:49 pm ] |
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| Author: | bfnjz52 [ Jul Wed 09, 2008 2:43 pm ] |
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Chris, help me understand how you profit (not being a smart a$$, I'm really interested in how you do this). The homeowner can't meet their monthly expenses, the financial institution has to agree to a lower interest rate. You negotiate an agreeable arrangement between the two. Where does the profit come from? |
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| Author: | bbnova [ Jul Wed 09, 2008 2:52 pm ] |
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I think he is dealing with people who are trying to refinace or buy a home, I think???? They may pay him a fee???? Chris??? |
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| Author: | kireol [ Jul Wed 09, 2008 4:25 pm ] |
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The customer pays me to be their agent to get it handled. But yes. The end result is like a refinance more or less. A better mortgage than where they are currently at. |
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| Author: | bfnjz52 [ Jul Wed 09, 2008 8:27 pm ] |
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Cool! Way to go! |
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| Author: | Keith Seymore [ Jul Thu 10, 2008 9:21 am ] |
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Geez. There's a million ways to make a buck. I suck at business. Just yesterday I had a vendor ask how much to set up a booth at my car show. Me: "aw, you can do it for free..." The Church (my church is very business minded): "...$$$$$...." |
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| Author: | bbnova [ Jul Thu 10, 2008 9:42 am ] |
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| Author: | BT Race Cars [ Jul Thu 10, 2008 5:44 pm ] |
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I went to the link. would you be what they refer to as a referall agent? The site said to "click on the link above to get more info". but there was nothing to click on. care to share |
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