Matthew M

I have worked in banking for 8 years and over that time I have a few centers of influences that refer me home equity prospects that are generally really great quality. However the institution I work for no longer offers home improvement loans and I do not want to lose free money let alone something I worked hard to develop. My question(s) are:

1) How would I handle heloc/home equity/specifically home improvement loans?

A) I have thought about becoming an independent broker. While wholesale lending and charging fees upfront will get me started with little capital it is a far cry from my long term strategy.

B) I have also thought about starting a finance company to issue the notes however it hardly seems worth risking my money for 5-7% when I earn 12-14% in the market. How could I make this happen? Raising capital and some of the hurdles I would run into.

Thanks for your help, clearly I'm in a preliminary stage but I am educated, experienced and I'd like to prepare in advance to bring option B a reality.

I have worked in the restaurant industry for about 5 years, all together, and am contemplating opening a small (50-65 person) restaurant. My menu would probably consist of half the amount of items as my capacity at a max of 30 items (5apts, 20 entrees, 5 deserts). The restaurant will be centrally located in a higher than average net worth area, with average competition. Growth in the area is expected to be high over the next ten years. Clearly there are always variables, with that being said are small upscale places like this conceivable and profitable?

Also what amount (range) of seed capital is needed for something like this?

I have several pool companies that refer between 7,000,000-9,000,000 a year in lending averaging 50-55k per unit and I work at a retail bank. I'm curious if I could use these major COI's to my advantage and refer/sell/broker these loans off? I can not afford to shell out 40-60k to "front" for the loans, but I am curious what my other options are to offer loans from several banks and in return earn a commission.

**Strictly Home Equity/Home improvement loans, NOT REFI-W/ Cash-Out or purchase.**

I ship for basic (ARMY) in 2 weeks and My wife and I are leasing to purchase a home here in Houston. I will ship to Fort Benning for Basic then Fort Sam for AIT, back in the same state the property is in. We have a VERY good deal on the table for this house, and my wife prefers to stay in the house close to family and friends while I serve. Because of this great price we have a time constraint, 6-7 months from the day I ship to basic to take advantage. How long exactly, assuming we qualify for the mortgage which we will, could we start the process?

exact time is the question, I understand everything else as I was a former mortgage office.

Thank you,

Matt

Looking back it seems that evolution of life is completely different since the asteroid than prior. This is of course assuming this theory actually happened. Could bacteria, or a living form, have survived if frozen in space on an asteroid and survived the hit. Basically changing evolution and life it self on Earth? Sorry if grammar is poor, I just took my glaucoma medication.