For your first deal, there is no way to avoid the emotion roller coaster ride you will be on, and your agent and loan officer know it better than you, and will use this to close you--regardless if whether this is a good investment or not.

I know that VRMCO has the selling aspect for the VA Vendee loans, but what is going on with the lending aspect?

A 401k, Roth 401k, or IRAs, are just one aspect wealth building.

Karen- How do you send advance principal payments while avoiding the interest charge?

Special Deductions for Real Estate ProfessionalsReal estate professionals are people involved in many aspects of the rental property business, including buying and selling, owning, renting and leasing, remodeling, constructing and managing the rental.If you're an average taxpayer and you happen to own rental property, you can deduct losses on that property only up to a certain limit because your ownership is considered to be a passive activity.

If wholesaling is your initial strategy, I would suggest you dive into the wholesaling forum and read the posts in there, particularly "The Truth About Wholesaling"Many rookie mistakes are made with that strategy, so educate yourself and avoid such mistakes.

Erin, you can avoid the issues if you are able to explain that your funds will be received after you take title and must provide financing after you are in title.

If you make even one loan or do a single lease option you must have a formal Compliance Management System in place and working in order to avoid serious consequences.A Compliance Management System must consist of:1.

What are areas to avoid?

At this point I'm not sure what aspect I'd like to get into.