Unless the prospective tenant has passed the basic tests (FB/instagram, employment verification,  basic background)  I wouldn't do one unless A+, not worth the risk, and our properties are 45 minutes away.    

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.So i looked up the statute which i posted above and it seems that the legality can really depend on how a person is perceiving the the property that is being wholesaled.

The real estate program at the University of Wisconsin is one of the oldest in the nation and has earned recognition and high regard from employers for the breadth and depth of the program.

So given this plan, what are my odds of getting approved for an FHA loan given my limited employment history?

Hello All,Anyone familiar with https://www.irafinancialgroup....I'm looking to transfer existing 401K from previos employer into a solo 401K. 

If we can employ the BRRRR strategy going forward, we will be able to scale much faster and achieve financial freedom in a much more reasonable timeframe.Some challenges with the lack of records with the previous landlord.

Its basically designed for those self-employed or small business owners who deduct up the wazoo. 

The number 1 employer is the state government and the second largest is the Federal government, plus there are transportation companies, Amazon and Chewy warehouses, hospitals and education employers. 

These loan programs are typically used for clients who are self employed & do not show enough income on their tax returns to qualify for a regular mortgage. 

If you are self employed you'll need two years of tax returns showing your income (from the same business activity) to get a loan.