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3 HATS. 1 HUSTLE. Mortgage. Real Estate. Renovations.
Cat Blackmon joins Mark Jones on RealEstateAF to break down what happens when one person has actually worked across all three sides of the transaction.
Cat started as a loan officer assistant, became a Realtor, moved into mortgage origination, invested in and renovated properties, and built a business around understanding how the pieces actually fit together.
We get into consistency, lead generation, investing, hard money, renovation financing, managing contractors, the $40,000 mistake that can happen on a flip—and then the conversation turns to one of the industry's hottest topics: Realtors becoming licensed loan officers.
We discuss where dual licensing can genuinely benefit a consumer, where compensation models become questionable, and the difference between actually originating a mortgage versus simply sending a referral.
CONNECT WITH CAT BLACKMON
Website: CatBlackmon.com
LinkedIn: Cat Blackmon on LinkedIn
Real Estate Profile: Cat Blackmon — Texas Edge Realty
BiggerPockets: Cathleen Blackmon on BiggerPockets
Mortgage: Sr. Loan Officer | LoanPeople | NMLS #884811
Real Estate: REALTOR® GRI | Texas Edge Realty | License #638326-SA
Phone: (210) 870-8173
Mortgage Email: Cat.Blackmon@LoanPeople.com
Real Estate Email: Cat@TexasEdgeRealty.com
REAL ESTATE AF
Hosted by Mark Jones | NMLS #513437
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CHAPTERS
00:00 Getting Better Every Day
00:32 Welcome to RealEstateAF
01:29 Cat's Journey: LOA → Realtor → Loan Officer
02:29 Three Hats: Mortgage, Real Estate & Renovations
13:43 Needle-Moving Activities & Consistency
18:17 Becoming a Real Estate Investor
20:42 Hard Money & Flipping
23:18 Renovation Lending & Today's Market
29:18 Finding Deals on the MLS
30:47 The 70% Rule
33:58 GC vs. Managing Subcontractors
36:56 Renovation Nightmares
38:18 The $40,000 Mistake
40:22 Flip or Wholesale?
45:53 The Dual-Licensing Debate
46:33 Referral Fees & Commission Splits
49:25 What Real Mortgage Origination Looks Like
52:17 One Point of Contact
58:34 Dual Licensing From the Consumer Side
1:01:17 Cat's Five-Year Vision
1:02:34 Rapid Fire
1:07:26 Final Advice
DISCLAIMER
This podcast is for educational and entertainment purposes only and is not legal, tax, investment, real estate, mortgage, or compliance advice. Opinions are those of the individual speakers and do not necessarily represent their affiliated companies. Discussions involving licensing, compensation, referrals, RESPA, lending, or real estate regulations are general in nature; consult the appropriate broker, lender, compliance department, regulator, or legal professional regarding your specific circumstances. Loan programs, rates, terms, and eligibility are subject to applicable lender and program guidelines. Not all applicants will qualify. Nothing in this episode constitutes a commitment to lend.
#RealEstateAF #Mortgage #RealEstate #RealEstateInvesting #Renovation
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Host: Mark Jones | Sr. Loan Officer | NMLS# 513437
If you would like to work with Mark on your next home purchase or as a partner visit iThink Mortgage.