I don't disagree that most wholesalers don't do it right, but some do.I'm just saying, I wouldn't go around people without knowing the full story.  

Make sure to check out the Bigger Pockets Blog: https://www.biggerpockets.com/renewsblog/It is full of great information.

If a MBS full of junk sub-prime mortgages was given a C- rating from the ratings agencies, then they would have to be priced at a sufficient discount to attract buyers and there wouldn't be as much demand for them in the secondary market. 

The Bigger Pockets book store if full of great books: https://www.biggerpockets.com/store

And if you did that, wouldn't it make public record that you have been transferred equitable interest.

The Bigger Pockets book store if full of great books: https://www.biggerpockets.com/store

Now its time to really get started.My overall goals are to build sustainable wealth with real estate while providing a service to the general population in the form of property recycling (bring properties back to usable form for the public) and buy and hold rentals (providing solid housing for people and families).As far as progress, my wife and I are currently in our first house hack - living in, refurb, plan to rent.

to a part of the basement that was locked, and lo and behold, we found an extra 2 bedrooms and a full bath, and a kitchen; presumably an illegal apartment.

When you see the contract, there is no specified rates, just that they will apply to cards on your behalf.After liquidation(converting credit to cash which costs you 3%) my rate came in at the full 24% instead of the 0% that they advised me on.  

I work a full-time job in the restaurant industry, which I would love to get away from because I would like to spend more time at home.