mortgage loans/real estate/interior design

[CaliforniaDreamin']

Since I'm still young and don't have any savings, it will be very difficult for me to start my real estate career so I was thinking that it would be a good idea if I did mortgage loans for my first year just to save a little bit of money...

I heard that you get less comission but you do more transactions meaning you won't make as much money as in real estate but you will make safe money...is this true? How much can I expect to make doing this?

I am also taking interior design and will finish my classes in December 2006 so having a "safer" job for that first year will help me finish school and once I finish school i would have saved enough money and have peace of mind to start real in estate. I don't want to work in a design firm full time but would like to take a few contracts here and there...is it possible to do both? Do you think my real estate clients will be interessted by my design skills to stage the house they are selling or renovate the house they are buying? Should I write both professions on my business card?

I will appreciate any input!

[Chief Tutor]

As you are just starting out and it seems that you are not sure what you want to do or what you will be good at, I would start by a job working for people in the above industry. This way you can see what you like without risking too much from a financial standpoint.

ONe thing you don't want to do is pour all your savings into one of the abive professions only to find you really don't like it and you would rather be doing something else.

While you have the freedom, try them all to see which one works for you. As someone once told me "Find what blows your hair back and the rest will take care of itself"

Just my two cents...

[afm1]

Agreed.
California, you should work in an entry level position of any of the above. You will have to start from the ground up.

Also, the mortgage thing......
Not sure who told you that, but it isn't as easy as most people think it is. It is high risk and high reward just like real estate. If you don't close loans you dont' get paid, and I am not sure of too many places paying a good base salary these days. I think it is great that you would like to look into both, but be careful. Expect at least 3-5 months before you get your first "good" paycheck in either field.

Good luck with your future plans.

[CaliforniaDreamin']

Thank you for the advice! I will take it into consideration.