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Article Excerpt The question of the month: "How do I enter the one-time close construction perm market?"
Asked by a number of people
I think, in the current market conditions, launching a program to builders, using one-time close construction perm loans is the wrong thing to do, now. Why? The market is in great turmoil and until it settles down, I would advise that you consider an easier way to try to make a living. Plus, as many would-be OTC originators would attest, the OTC niche business is one of the more difficult to master.
Well, if I don't recommend the OTC niche, what am I suggesting? Simple, sales and marketing and building relationships with referral sources. This is basic business building 101.
Consider this: If I remember the statistics correctly, the Realtors say that over 70% of their customers use the...
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