I bet in a year you will want another one.

I'd bet money that none of them pursued equity skimming or rent skimming in the complaints.

You may well need a servicer too if it's not a commercial loan.I'm betting what the compliance guy wants to see is a way to reach out and touch the party(ies) involved in the collection of any debt, you're out of state.See your attorney........good luck :)

Your best bet would be to follow @Bryan L. advice and get yourself a RE license.

However, info on the web is scarce.Will check on Tuesday,Thank!

I've searched around and haven't found a solid answer for this due to all the "wholesaling takes NO money" stuff that is all over the web.

@Billy Bob If you are getting title insurance, if the company is reputable I wouldn't see an issue using their title company. 3pts isn't that uncommon for a Hard Money loan, but for a PML it is up to negotiating...I bet if you do more deals with them you should be able to get this dropped over time.

AFTER getting a good education your best bet would be to wholesale to start, which is manageable in three months but will be really hard.

interesting scenario - I don't have answers but I bet @John Fedro might!

. :)That's kind, but I'd still be willing to bet that you've been more helpful/instrumental to my business than I've been to yours!