We neeed licensing for wholesalers as well as the banking and mortgage industry to start calling more notes due.

Bank won foreclosure in 10 months so luckily it cashflowed as well as it did. 

In this post, I will explain the criteria and the information sources.Income requirements for financial independence:Rents increase faster than inflation: Inflation erodes the value of money over time, causing prices for goods and services to rise.

RM (and most other good management software) does double entry accounting, imports bank info, has reconciling functions etc.

The bank and mortgage company we are using is giving us a hard time about us co-signing due to my separation and new job due to only having been separated a couple weeks now.

It is usually difficult to take money against it from the bank, it might not be a 1:1 value add - meaning if you invest 100k into an adu it might not raise your value by 100kThat being said, it can be pretty lucrative especially in expensive and sunny CA - since building lots are no where to be found and existing real estate returns are very poor.My partner builds these units.

Each program is a little different so it just depends on your situation and income.They are quick and easy though once you get your certificate you can work with any Bank or Lender that is approved to use those DPA's.

Will the banks allow me to use the money to build a new home?

I almost exclusively sell bank foreclosures for a large asset management company, and I also do a lot of marketing for wholesale deals.

Well, not so fast.For every successful flip, there is an account of some nightmare project that sucked the bank account of someone dry.