I WOULD ASK YOU, "DO YOU HVAE A COPY OF THE ORIGINAL P&S" AND " DO YOU HVAE A COPY OF THE ASSIGNMENT"- IDGAS IF THE SELLER WAS UNAWARE OR NOT (ALTHOUGH THEY SHOULD BE AWARE FOR MORAL AND ETHICAL PURPOSES)- IF THERE IS NOTHING IN THE P&S STATING THAT IT CANNOT BE "NOMINATED" IS THE MASS BOARD OF REALTORS NAME DESCRIBING A NON-LICENCED ENTITY (A NOMINEE)...

But, if there is a good spread between your cost of money and the cap rate, then leverage helps boost rate of return.

I see the world in black and white and morals are going down the drain every day.

The test kits that the EPA has approved are found here: http://www2.epa.gov/lead/epa-recognition-lead-test-kitsOne thing my RRP instructor told me is that if you're planning on doing a whole house gut rehab is that there is a very narrow exemption from the RRP rules:http://www2.epa.gov/sites/production/files/documents/full_rrp_fqs_-_december_19_2012_with_metadata_2.pdfSearch for "gut" in the article.At a minimum, these activities include the removal and replacement of all interior and exterior painted surfaces, including windows.From a moral, ethical, and heath-related basis, though, you need to comply with EPA regulations.

Here are some more stories...feel free to post others if you find them:Obama declares Fannie, Freddie model ‘dead’US Mortgage Market Overhaul: The Winners and the LosersObama report on Fannie, Freddie plan may boost mortgage ratesIf people are forced to put 20% down on their purchases I am convinced we will be fine going forward.

Besides, most of those guys that have the ridiculous ARVs and shady deals dont last long and dont realize the couple of bucks they might profit off of someone isnt worth it- morally or for there business reputation.

That is the main point here.Bill, I will give you the fact that the title of this thread does not prove wholesaling is legal, moral, etc, however, people need to stop taking things so literally and keep in mind that coming up with creative and catchy thread titles helps drive attention and traffic to them, it was even recommended by BP at some point.

That boosts the market.  

You have to follow your own moral compass. 

@Judy P. and @Xavier Morales,Self-directed IRAs are for retirement, and they can invest in real estate (just not actively).