The latter looks pretty broad but touches on real estate as well as many other interesting and related topics.

In court, you will be defined as a mortgage lender or a broker and not either of the terms you mentioned.So I'd suggest you use "mortgage lender" or "mortgage broker" which is better understood by the public, in the financial arena and legal circles.

Michael it sounds like you don't know the area well enough and bought into a marginal deal.As a wholesaler buyers aren't looking for good deals.They want GREAT deals.To obtain the highest price you need to expose the property to the most amount of buyers (flippers,long term hold local investors,out of state or country investors,home buyers etc.)Each set of buyers will have a certain value in mind they are willing to pay for what they are trying to do.It doesn't mean what they are trying to do and pay is market value it just means for their strategy they have to get it at x price.This is where you need to define who your target audience is going to be with a particular property.

They are looking for people that can specialize in business with specific training the company way.Business degrees like accounting and marketing are fine with other liberal arts classes that teach you how to think rather than rules and proceedures such as accounting (accounting doesn't get too creative until you get to a higher level).Overall, I'd suggest mixing it up if you want to be in business, get a well rounded broad base education that can provide flexibility in the future.Good LuckTechnical degrees were sought as well, programers, engineers and science types.

Different accountants will define "reasonable" differently.

The Dodd Frank Act and amendments in 2010 went on to define this "notice of foreclosure" as actual transfer by a trustee's deed (non-judicial states) or court order after foreclosure (judicial states).

Real estate = a business, and like with any business, how quick you get rich depends on how you define rich, how much risk your willing to take and how much volume your willing to work to sustain.

BiggerPockets is a great tool to learn all about real estate, which is very broad and contains many sub-categories and strategies.

Here's the formula I use for flip analysis:Max Purchase = ARV - Rehab - Fixed Costs - Desired ProfitIf you already have your Purchase Price defined, you can rearrange to determine your Profit potential:Profit = ARV - Rehab - Fixed Costs - Purchase PriceIn the case of your flip deal, you have:ARV = $65,000 (always use the conservative side of the range)Rehab Costs = $30,000Purchase Price = $12,500And, in general, I use 10% of the ARV to determine Fixed Costs (commissions, concessions, closing costs, holding costs, fee, etc), not including any loan costs.

However the neighborhood has a history of legal battles over this, and some neighbors have won "adverse possession" cases in court due to existing fencing clearly defining what they believed the property lines were for years.