they DONT  these guys are trainers there is huge money in it far more than they could make actually wholesaling .. think about it the amount of properties that can be wholesaled is quite small actually very very narrow real estate nicheThe amount of dreamers who want to  make money wholesaling and then buy rentals then retire ( this is a common theme among those who start the wholesaling gig). 

This implies they are probably the cause of the issue.

Its obvious based on the Post that William F did that he has looked into each of these trainers and has personal opinions on them.

Many CA, as you implied, do not pay any income taxes. 

BTW, deal with banks directly ALL THE TIME.The monster behind the curtain here is you sort of implied you made a deal with the borrower, which you then did not need to follow through with.

So I do want to clarify a few things about how my property is furnished that I assumed was implied, but my potential MTR does have the following: - Washer/Dryer- 75 inch mounted TV - Fridge/Microwave - Kitchen Appliances (silverware, pots/pans, soap dispensers, coffee maker, cutting boards, etc) - Multiple large mirrors on walls, fake plants around the home, living room carpet/coffee table in additon to couch. - Full office with a desk and a deskchar plus filing cabinet. - Bathroom towels, hair dryer, soap, toilettires, etc. - Grill in the backyard.

This probably implies FIRE in his 20s, but I hope he is passionate about the path he has chosen and excels at it until at least a more traditional retirement age.He started the 2nd rehab he is leading.  

This implies that one of the “clients” paying Norada Capital Management a high enough interest rate to justify the returns promised to investors is Mr.

At today’s rates, most properties at high LTV are negative even with 1% rent to value ratio   This implies the 1% rule is far from assuring positive cash flow   Good luck

I am not implying that you are that kind of people.