and "lets assume" and "this is hypothetical" - [b] i dont have any situation. i'm just a graduate student (BS Finance, MS Accounting) and i was reading Fortune's article on post retirement planning and it said something about reverse mortgages for those in need of cash flow, so i went on the internet to sort this out for myself.

That's because what they teach stretches the ethical limits of what is accepted practice and many teach unethical tactics of dealing.If asked, gurus will swear up and down that what they teach is 100% legal, it might be in India, it might be in Iowa or Mississippi, but it usually comes to the threshold of illegal and some things will take you to the illegal side somewhere, if not in most states.

I primarily work the Birmingham, AL and Jackson, MS areas.

The First (AL / MS) can do commercial loans and Refi on rentals below $75k.

I saw properties around 2412 Felicity St, Ocean Springs, MS 39564, but there seem to be red flags:1.

I am 26 and no stranger to the Mississippi area.

This is done along with having signed and received the contractual letter of intent, prior signed by me.Before deposit, our agent Ms.

Louis, MS area.

when I do a new line in say Mississippi I can get it done for 2k or less 

I run the local MS Coast REIA.