In the world of institutional sales (REOs are the best example), having great relationships with the listing agents, asset managers and other people key to the transactional side of things, will allow you to get a nice advantage over the competition.

Most lending institutions are asking for 25-30% (of the sales price )downSales price $1,000,000 you'll need $250-$350k cash down

The FDIC instituted unlimited deposit coverage.

For institutional lenders, specifically salable residential mortgage lenders, you will need credit – period.

Your ability to obtain financing will likely come before limitations on institutions.

The appraisal institute courses are usually high quality but also a pretty expensive.I am reading Marty Boardman's book about flipping houses and it is an excellent overview of the process.

No, the person or institution who finances a property - whether a car or real property - does not OWN the property.

As a third party, commercial management firm and Accredited Management Organization (AMO) through the Institute of Real Estate Management, we are required to maintain E & O insurance.

The way I’ve done this is; I find a note for sale, offer to buy 100% of the notes remaining payments.Then I broker a portion of the note to a sophisticated institutional investor and I place the "Tail End" of the remaining payments in my pension fund for tax-free growth.For example, and keep in mind I’m making up figures for example only.

The best way to start is doing one purchase of one note, from an individual or broker, not going to institutional traders that are going to toss out the chafe to you in Florida.