I bet in a year you will want another one.

You can always use the IRA structure until things progress and let someone else play the custodial role.

Hey @Don Daniels - not too sure why it was doing that on the front page of your blog, but if you go into the blog post itself, it looks normal: http://www.biggerpockets.com/blogs/5100/blog_posts/37492-getting-started-with-wholesaling---week-2-progress Might be a bug, but either way, the whole site is coming out with a re-design in the coming weeks so it's gonna look way different soon anyways!

I'd bet money that none of them pursued equity skimming or rent skimming in the complaints.

You may well need a servicer too if it's not a commercial loan.I'm betting what the compliance guy wants to see is a way to reach out and touch the party(ies) involved in the collection of any debt, you're out of state.See your attorney........good luck :)

Your best bet would be to follow @Bryan L. advice and get yourself a RE license.

@Billy Bob If you are getting title insurance, if the company is reputable I wouldn't see an issue using their title company. 3pts isn't that uncommon for a Hard Money loan, but for a PML it is up to negotiating...I bet if you do more deals with them you should be able to get this dropped over time.

AFTER getting a good education your best bet would be to wholesale to start, which is manageable in three months but will be really hard.

interesting scenario - I don't have answers but I bet @John Fedro might!

. :)That's kind, but I'd still be willing to bet that you've been more helpful/instrumental to my business than I've been to yours!