The more you understand about conventional business finance, the easier it will be for you to understand the unconventional finance methods you will encounter in REI.Although you will see some people on here and elsewhere who use all kinds of formulas to analyze RE deals, it's really not any harder than 5th grade math.

So like I said Ive never encountered this before, should I just have my name added to the agreement as a recipient of a separate assignment fee?

Why do you think it is a scam?

We certainly have some good companies represented here but don't assume that because anything here that might be advertised has any endorsement you need to do your due diligence on anything you do in RE.Turn key operations can be ripe with fraud or scams, there are those that have picked up very cheap properties, put lip stick on, put a partner type tenant in at higher than market rates to justify a much higher price to sell the package.

The only waiting periods you would encounter are for cash out refinances, or refinancing and trying to use a higher valuation.

I would think you might encounter some difficulty renting if you are surrounded by vacant buildings.

Unfortunately, scams seem to run rampant in Florida.http://www.wptv.com/dpp/news/region_martin_county/robert-allen-tribble-jr-mary-revoller-chavez-arrested-fdle-accuses-pair-of-rental-fraud-scheme

But I am sceptical about wholesaling in general ... but that maybe because I've never encountered one who has actually brought a deal.

I bought a domain in my area [REMOVED] this a decent name or does it scream "scam"

In my experience, people (buyers and sellers) like the fact that I'm licensed, as it gives me credibility and says that I'm not just some fly-by-night wannabe who is trying to scam people.Of course, that's just been my experience...your mileage may vary...