One of the illegitimate (unethical)  part of wholesaling is when a desperate seller assumes an individual has the means to purchase their property when in fact that individual has no money or the means to fulfill their end of the contract without relying on a third party that might or might not close.  

We really look forward to connecting with like-minded individuals and organizations who share our vision!

Consult with a tax professional or accountant for precise guidance on your specific situation, as tax rules can be complex and may vary depending on your individual circumstances.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

What tips would you give individuals looking to become real estate investors?

You get a separate (small) bill from Guardian for their service, but the cost is incorporated into the billing rate that Guardian charges the tenants.

Me and two other partners are flipping houses locally and are using a local individual for the financing.

When reviewing income, a good landlord will consider how long the individual has had the job or how consistent the income has been historically.

If the individual defaults, how will you go after their cosigner when they live in another country?

Another great tool is to incorporate a quality home warranty (paid for either or both parties) to alleviate some concerns about items that are functioning but not failed.