But there are variations in state law that could matter a lot depending on what you intend to do.

I've literally computed dozens of different variations of how to reach that figure and was simply stumped.

One thing that I haven't seen is a meetup revolving around the BRRRR strategy and since the majority of our clients are using the BRRRR strategy or some kind of variation, networking with professionals and providers who are familiar with the BRRRR strategy may be an interesting addition.There are also several Facebook and other social media groups where there are opportunities to not only network with local investors but also to network with OOS investors.

I try to steer most of my clients away from the "up and coming" areas unless they are more experienced and capitalized.Currently, the MLS market is very competitive and the wholesale market can be predatory, but the MLS should be softening over the next month or two and we should see some price drops or more opportunities for better negotiations.Over half of our clients right now are BRRRR'ing properties or doing some variation of it.

The reading materials that he has been reading is variations of practical life books, adventure books and some articles from fortune/ forbes magazine.

I think this helps to minimize variations in the flooring and as others mentioned helps keep things quite.

I verified that a recent Deed of Trust filed in Dallas county lists the company's name as the lender, not a different 3rd party lender/partner or variation on their name which might show up in NMLS.One individual I found in their employee database (their Finance Controller) carries an inactive NMLS license.Company representatives stated that their loan cannot be paid back with cash or a refi; only selling the home will clear the debt.I've not been able to view their promissory note template yet, but I'm working on getting a copy.My conclusions:This company appears to be in the business of regularly extending consumer mortgages, and thus is subject to the SAFE Act. 

 Yes I have there’s very many different variations of doing a deal like this I would be wanting to know the exit strategy he plans on this deal before letting him lock it up under contract

There are variations in technique depending on type of loan, state the property is in and the particular lender.

A variation would basically say that you are buying 1234 Main St, Anycity USA for $100,000 The buyer to put $20,000 down to be applied to the purchase amount.