I am looking at joining this organization and was wanting to know if what has been said still stands true?

A few tips: maintain a solid credit score, organize your financials (especially your proof of funds), and be ready to show that you have a solid plan for your investments.

Please see below update on the this case:My attorney and I have been going through multiple banking records over the last few months.

Zillow and online county property records for sale prices.   

Aside from the Debt-to-income ratio and risk benefits you've already mentioned, it also just helps keep everything organized.

To everyone on the wholesaling forums, understand this:Focus on learning from those with real experience and a proven track record of success.Don’t waste your energy on negativity.

Be very clear that they must transfer the deposit along with a complete set of tenant records (application, lease, payment ledger, etc.). 

I've seen investors allocate 5-10% for capital expenditures (capex) and vacancy, but you won't have a clear understanding until you've owned the property for a few years and established a track record.

Focus on building strong business credit through timely payments, low debt levels, and solid financial records, which carry more weight than the name alone in establishing creditworthiness.This post does not create a CPA-Client relationship.

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