Question number three is so broad it is hard to answer without writing a book so I'll start you off with the first two.1) I generally do not tell homeowners I am a wholesaler.

Real estate investing is a very broad term and consists of dozens of methods and strategies.

The "real estate market" sounds pretty broad, so it would probably depend on what information specifically you are looking for (i.e. sales prices, rental rates, census data, etc).

That is why most brokerages advise their agents pretty broadly to disclaim often and not partake in any activity that could be construed as giving legal advice or the unauthorized practice of law.Despite this we all know that it goes on fairly frequently.

Back to my point, the discussion and request seem to be very broad in nature opposed to specific, which I think also illustrates a lack of acute understanding of those attempting to engage in a discussion about notes.

Josh I have talked about this many times.On the residential side all these scammers used to exist.Sell the loan off so they didn't care and closed up shop when it fell apart.Now that residential is under huge government regs they have all moved to the commercial side.All of these people advertising many are just helpless point and fee takers getting sucked up into the scam.Many of these so called lenders are not lenders at all but mills running due diligence fees,insurance fees,deposit fees etc. and then say they can't fund later on to deny the deal.I have found direct lenders are very hard to find and I find one of those for every 20 scammers.As a buyer you do not pay upfront fees except for appraisal,survey etc.You can talk to these scammers on the phone and can tell by what they say they are not a true lender.I do very heavy lifting to make sure my lenders are real and I am not dealing with a middle man to protect my clients buying properties through me.Any company claiming to be a lender that will fund anything is more of a conduit (middle man) taking fees.A reputable lender will display recent closings and details of the loan.They will have very detailed rate sheets along with terms and conditions of the program.Any points will only be paid at closing when they perform.Many of these lenders will be highly specialized in a particular asset class and not broad in scope.The interest rates from legit lenders will be very close in percentage rate and LTV's.The difference being in how much money they have to lend and what loan size they specialize in and recourse versus non-recourse etc.Many lenders can promise but very few can deliver on the rates promised and close it.

I have been reading a lot and just get way into my readings and I just needed a break from reading for a bit as it's kinda interfering with my school studies :) Anyway, my question is "Is their a lot of money to be ma...

Broadly speaking, there are three categories of REITS: equity, mortgage, and hybrid.

Their opinion was that fair market is broad and could be lower or higher based on many factors: condition, long term versus short term, knowledge of the pending foreclosure going into the lease, etc.

Rentals, in broad terms, do not compare to your family home.