All you usually need is the purchase and sales contract and a assignment contract.You can can get these from online "how to wholesale" websites, or you can create your own contracts, or you can just have an attorney create them for you.

A great and lazy bunch of them seem to think they can put a few ads online and on paper, get their names and reputations out and about at the sellers expense, and then just sit there and wait for the phone to ring and the commissions to come in.

It would be expensive to have a lawyer for each referral, it will might cost more than what you earn.

HUD bidding is all done online, so the agent cannot be in cahoots with anybody who's a buyer as far as getting bids accepted.

If the next person makes some money, good for them, they will have earned it!

Besides the online courses and textbook, I think a really good prep book is the "real estate license exam, for dummies."

Usually 1-4 unit properties still fall under residential loans, meaning your earned income is going to be a factor.I understand you have $385K invested in the property, but how much equity do you have in it?

Thanks dale I was going to market online, but looking for other sources

There are only two ways to fund a valid note, in an installment contract selling the property which funds the note buy equity or earned equity or with cash disbursed to the maker (borrower) or to their account.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)