Quit My Job....taking a chance with new venture...

[sherman]

Good idea.

 

[olddog]

As you've already mentioned, you picked the absolute worst time to go into the mortgage business as it is very cyclical. Anybody in that business could make 6-figures a year the last few years, but as interest rates head back up, fewer and fewer people will buy new homes and fewer will re-finance.

 

[sherman]

Of course you are right, not too many refi's happening soon but I figure people will always buy houses.

 

[justdoit+]

Good luck Sherman,hope it goes well for you!

 

[newbie666]

how's CT nowadays... for example in here in CR... the demand of building new houses is a low level rate compared with 5 years ago,,,
there too many brand new houses empty...
and nobody rents it.. or buys them...

is in CT a huge demand for ppl looking for renting or building new houses?

 

[sherman]

There is alot of new construction but I don't think as much as a few yrs back.

 

[3peet]

Left the I.T. industry and joined the train 2 years ago.

Trust me it's the best decision I've ever made. Not to mention it allows me to start with padded bank rolls at the tables and the offshores.

 

[sherman]

Where you from 3peet?
Who you working for?

 

[sherman]

Broker? Lender?