It is an alternative to being a landlord - you're cash flowing but you resold it at fmv or higher, you received a down payment and you're dealing with a owner instead of a renter (typically different mentality).Your issue seems recapitalizing so you can do more deals.

But ever since I have been paying my other credit cards on time and received a pretty good raise at work but I still have the default on my record (private loan).

Bigger Pockets is a great site to receive help to achieve your goals.

I am getting about one emial a day on this house and I rarely receive a call back from them.

Basically every dollar spent will be a business expense and every dollar received will be income and the difference after all the dust settles is your profit to be allocated.

Any advice you can give because I know this couple is going to be upset if they don't receive all of their money back.

Asking for a 5 day closing with 0 D.D. received sunday afternoon.Today I call him and explain to him that this client is doing 5 deals a week and will need surveys/inspections/title etc and there is no way to do that in 5 days, even if he was inclined to.I'm told that "this is an easy deal and I'd never sell any property with a 'kick out clause' ever and I have two showings today so why would I even bother with your offer."

I just filled out their preliminary application and received a follow up call within 10 minutes.

I will receive 10% of purchase price for finding buyers and managing deal until term is complete.  

I thought about using my VA Loan to purchase the home i live in and then posted a forum asking could i use it to invest. i received great support and feed back. i then bought the book and seen it in there.