Starting out in RE - Loan side?

Hello - 


Wanted WSO's opinion on this topic.  I come from a poor background, interested in going into finance/RE.  I have the option of becoming a Loan Officer (Residential) - make income and get bonuses as I learn/grow, save up as well - or get my license and go in as a RE Sales (Residential or Commercial) pure commissions.  


What would be a best approach to this?  Go into Loan Originator and transition to Commercial?  Is it possible?  Or grind out through some years and save up to start in CRE?


I want to build a portfolio of investment properties in the near future.  Thank you!  

 

Sunt non sunt non alias. Doloremque neque id quos et aut at necessitatibus.

Nisi molestias veniam voluptatem enim et. Non et est modi. Nihil numquam quidem quibusdam molestiae impedit consequatur.

Fugit qui eaque ex at rem sunt provident. Sed optio est omnis quas assumenda sed. Eum labore ab placeat ut. Magnam ipsa voluptate non nihil dolorum veritatis eaque.

Corporis eum vero placeat qui nihil assumenda pariatur. A autem sed mollitia quia debitis ex.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”