I think the hardest part is explaining and convincing people this is legal, but a link to some relevant stature should do the trick.

There is a little trick involved.

in reality there is no given set of numbersyou have to take in consideration the market which nobody can predictwhen your looking at the refi rate and if you can pull a little money out the trick is to keep that money in a cubby hole for the rainy days- they will come it just is a matter of whenrun them at a 65% rate or lower just to make sure all the bases are covered, this way you know if you get in a pinch you always have the option to sell and try to cover all the loss if that happenscrunch the numbers from the bank point of view- you being the bank and not wanting to short yourselfenjoy

Sure, tenants can pull some tricks and cause delays, but all those tricks also have proper answers which deal with them.

In the crawl space, maybe right before the cables go through the outside wall, coil up a couple of feet of extra cable - this lets you do tricks later like cutting off the last inch of cable and installing a new connector.

They WILL try every last stupid trick in the book to get one over on you, pay late, get something for nothing.  

And, by that, I mean that you need to get it under contract with some sort of purchase contract - maybe with some sort of contingency to get out of the contract should you not be able to find a buyer.I guess thats the trick to wholesaling.

Sales is a mosaic, there isn't any one person or select few books that will do the trick.

Just going to give this a bump.Not earning more money, but a trick that I just heard that I loved was since I get paid every 2 weeks, there are two months that I get paid 3 times. 

If they do they are not a private money lender they are a hard money lender trying to trick uninformed investors.A hard money lender example is much more complicated and would look like 30k, 2points, 12% interest and 6-12months and require a lot more paperwork.