You should process your own loans when you start out so you can have a thorough understanding of the process itself.

Here’s the real talk: getting licensed as a mortgage broker in NYC just to access better rates for your own deals sounds good in theory, but in practice, it’s probably more hassle than payoff if you’re not planning to actually run a brokerage.The licensing process is no joke — you’ll need to go through the NYS Department of Financial Services (NYSDFS), meet education requirements, pass exams, get a surety bond, and stay on top of ongoing compliance, reporting, audits, and recordkeeping.

The big problems began once she started advertising and screening tenants...she seems overly paranoid about Fair Housing laws and not diligent about tenant screening.When I initially interviewed her, she said one of the things she does in her screening process is criminal background checks.   

It gave me the chance to ask more open-ended questions about their daily operations and really understand their process.

It's been challenging but a learning process as well.

I’ve helped manage budgets, materials, timelines — pretty much every part of the process.

Because I believe the eviction process is different for typical tenant vs rent to own tenant.

That means if the property is in Hawaii, the lender must sue to foreclose, which is a much longer process.

If you have the ability to house hack again going OOS is essentially restarting the process from scratch. 

It could be competitive pressure, or it could be the agent trying to control the process.