Otherwise, you will have to explain the large deposit and possibly the source of the funds to buy the crypto.You can expect to need about 20 percent of the overall costs of the purchase and rehab.

In many places wholesalers are largely unregulated unlike a real estate agent.

I had hoped to set this up with PNC since I bank with them but an in-person visit to the branch is required for set up and this is not possible since I now live in Washington state.

Your IRA can borrow, but you have to be careful to not personally guarantee it.

What are the rules for removing this person, as I understand it he falls under hotel rules, not the landlord tenant act.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

However, I live close-by (30 minute drive), recently retired from my day-job, and if the loan is not too large, I might be willing to do a deal just to learn a bit more about another side of RE.  

A person would be fvckin crazy to pursue this type of financial suicide. 

I would say get to no many neighborhoods.Also not much in 200K range any more.$300K is the new $200K. 

You will quickly find, as you generate local person-to-person relationships, how many opportunities open up!