He said several of his clients own rental units to 'create' a passive loss...depreciation, etc that gets counted against taxes, while the passive income doesn't get taxed in the same way that regular income does.

The explanation I have heard is that since the clients are taking " cash " out .. therefore, the lender can go after the assets.Also, I have read in this forum .. about 1099, IRA for 982 ... ect .. does it make any difference whether the property is owner-occupied or investment property ?

For non-residents, lenders usually would only go up to 65% (ie 35% downpayment), but sometimes they do make exceptions if the client's profile and the property are great (i've seen them giving 80% to non-residents).I'm not sure about the tax.

You are the client!

lots of information here.Also, you can join your local REI club and network, build a rep, and get clients!

I guy a work with said one of his clients may be looking to sell his building because he could not access the equity in it, and at the moment, he needed it.

To seek out (talent or clients, for example): bird-dogs recruits for the team.

Clinton John who is our client that made Order for home Furnitures, he has given us Quotation for the Furnitures.

I truly believe wholesaling you have to be a people person or just down right "motivated" to build client list first and then start searching for homes.Also, by joining a club, you get to meet other wholesalers exchanging of information or form a team.Create list through email and take pictures of properties and short info and blast the info to your clients.Don't forget BUSINESS CARDSSSSSSSSSSSSS

I have run across Realtors who also wanted out… But didn’t want to "fire" the client...