How do you find an investor?

[esquala]

Scorpio, RedRoom, and Clay - you're making me grin from ear to ear!  Now I see I know LOTS of potential mentors!!

Actually, I guess it would even be ok to have more than one - I envision myself taking them to lunch and pick, pick, picking their brains.  

[investudent]

I have been reading through the postings and am a little confused. Some people mentioned that a real estate broker would be a good asset and another person mentioned a mortgage broker would be. Can someone clarify why these two figures are useful? Why a mortgage broker? Also, what is the difference between a real estate broker and a realtor when it comes to how much they can help a newbie with RE investments.

Thanks,
Investudent

[Bettysue]

I hear you all.  I have along with my siblings become an investor in the South Miami area.  I am a teacher full time with fourty three students and now self employed as of the month of May.  Talk about jumping in with two feet.  

I/we have attended seminars, read, read, read.  I must make this work.    I am so, so new at all of this.  

I really would benefit from a mentor.  As posted earlier, I have noticed that it is really hard to find a mentor as an investor that wants to work with you.  (Just what I have found).

[ScorpioGirl]

You're Mortgage Broker can help with lenders, finding the right financing and getting you the best rates. Mine happens to be in my niche with many L/P's, so he is an awesome source of information and knows what kind of assistance I need just starting out. He even helped me with my negotiating skills. If you're just starting out, as I am, his words of advise were - "just tell them how you want to do the deal and be honest. The worst they can say is no. You can then counter or leave it and move on." SIMPLE!!

I also work with a home builder (the person I was negotiating with) who happens to be a RE Broker. Not only can I do deals with him, but he can write the contract on site! VERY convenient! He's been a builder for 25 years and yesterday called me because he had a couple looking for a home to lease. He throws people my way and he also offers information and tells of his own experiences (he has many rentals of his own).

Because I have these two on my side - I'm a very lucky girl!