For me as a non-American traveling that's a turn-off.

The bank (1st lienholder) had to approve it, the property itself was a good deal, and good credit was required, for me at least.Hope that helps and good luck!

Well to start with any one you paid over $600.00 or over in a calendar year to, you will need to send them a Misc 1099 form.

After looking at some of the discussions I decided it was time for me to post my intro!  

You learn about the MLS, different forms of financing, RE laws, RE lingo and lead finding tips.Sometimes you need to just sign up for the class and just make it work.At first I was also worried about feeling overwhelmed, don’t get me wrong it was a tough couple of weeks but the value it has added to my RE knowledge is priceless!

Is there any form of prequalification similar to conventional loans that I need to look into?

Forgive me if this is a subject hence beat to death but....I would love for assistance with at least a general outline of the wholesaling process to see if it right for me and to get a sense of whether or not the market is overly saturated.Regardless of which replies I get please note I intend to report back to the forum to relate my experiences! 

So i ran into a question nobody has be able to answer for me and that's how do i find the holding fees for some properties ?

Please any advice for me to get a home loan would be appreciated.

I have read it might be possible to do a complicated system of owning the property and then leasing it to a trust you own in some form in order to benefit, but it seemed sketchy at best (tax avoidance strategy).I do intend to use the s corp election for Flipping as you suggested, every little bit helps.Thanks again for everyone's advice and information.