I have a SFR that I have been marketing both for Sec 8 and individual renters.

I really prefer a line of credit instead of trying to get individual loans per property.

Worry about your actual numbers now not rules as an indication of how well your doing.

The seller's agent indicated that he turned down more than 83k at the auction.

An individual needs to perform their due diligence before forming any professional/contractual relationship and that is what I'm trying to accomplish in asking how I can best perform this on a wholesale mentoring program.

My father has bought and renovated 2 SFH's for rental income, but he does it by hiring people to work on each individual project per day as opposed to per job.

They wait one year and sell it then to other companys in small bundles or individual.

When was the last time you feel like someone (individual or company) cheated you and how did they do it.....briefly stated....?

The IRS will have an imputed interest rate on any note or installment contract for tax purposes, she would have to be a non-profit for the IRS not to place an interest on such a transaction.This just shouts preditory schemes to me, as to how you can end up with a property after the seller dies and stop paying....In all of this time spent trying to answer your questions I'm really disappointed to see that you have not come further than you have indicated, seems many of us have been wasting our time.

Originally posted by Andrew Isaacs:The default rule is that contracts ARE assignable, but the actual terms of a contract always trump the default rule.Some state contracts specifically indicate that the contract is NOT assignable, unless agreed upon in writing by both parties...in other words, the default is that the contract is not assignable for those contracts...