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 Post subject: good week
PostPosted: Jul Wed 09, 2008 12:32 pm 
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Old Skool.
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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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 Post subject:
PostPosted: Jul Wed 09, 2008 12:43 pm 
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Location: Rochester Hills, Michigan
8) 8)

So what is it???

Internet porn???

I'm sure Dogg would like to sign up :shock:

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 Post subject:
PostPosted: 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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 Post subject:
PostPosted: Jul Wed 09, 2008 12:59 pm 
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Explain that again for us stupid people.... :lol:


"get their loan modified into a better situation"

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 Post subject:
PostPosted: 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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 Post subject:
PostPosted: Jul Wed 09, 2008 1:17 pm 
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:lol:

Ok..

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 Post subject:
PostPosted: 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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 Post subject:
PostPosted: Jul Wed 09, 2008 1:49 pm 
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8)

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 Post subject:
PostPosted: 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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''Life's tough......it's even tougher if you're stupid.'' -- John Wayne


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 Post subject:
PostPosted: 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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 Post subject:
PostPosted: 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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 Post subject:
PostPosted: Jul Wed 09, 2008 8:27 pm 
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Cool! Way to go! :D

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''Life's tough......it's even tougher if you're stupid.'' -- John Wayne


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 Post subject:
PostPosted: 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): "...$$$$$...."

:lol:


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 Post subject:
PostPosted: Jul Thu 10, 2008 9:42 am 
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:lol:

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 Post subject:
PostPosted: 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 8)

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