On any day of the week you will find Mortgage Order Mills (MOMs) or other mortgage inspectors advertising for $3 mortgage inspectors. Insurance is required … about $1,200. A background check is about $65. Some MOMs require a smartphone. An Apple iPhone 7+ with extra ram with cost you $969. The profit on a $3 inspection is “maybe” $1.50. You will need to complete 1,489 mortgage inspections just to pay for your UPFRONT expenses. Always do the math and measure the opportunity.
NO REAL MONEY TO BE MADE WITH $3 MORTGAGE INSPECTIONS