This is an example of someone violating law to make more money, and it could eventually come back to bite them.

After reviewing the cost to rehab and the area of town, I decided to Wholesale for a quick profit.Sold it on a Real Estate Contract (Owner Financing) with $100k down, the balance is financed at 10% for 13 months, then the loan is called.

@Kylie A.You came to the right place.

Welcome to BiggerPockets Al and good luck investing!

While the Agent mention that the seller would prefer no assignment, to which I acknowledged. 

Let me explain:50% rule = tells you nothing of value, means NOTHING, 1% rule = tells you nothing of value, means nothing$100+ cash flow/month = means you are making $100/month in CF per month.Why do you want to invest in RE? 

I hope to connect with you soon. 

If you do this for 3-6 months, you'll know a good deal right away which will help you when you're ready to buy.

These days, I'm only doing 1-yr prepay DSCR loans anyway because I expect rates to go down to where I'd want to refinance within 2 years.The other thing I did was beef up the monthly rent so that I could better qualify for the DSCR loan (but you need to use a lender that uses actual rents instead of market rents). 

When deciding between them, look for flexible memberships, no high-volume minimum, and customer service to help walk you through the process.