It isn't that the market has real ups and downs, it is that individual properties have extreme ups due to mortgage fraud and then they crash.

So you Will be doing some agent work, generating commissions/fees.

Having said that, long-duration (6-12 month) put options, that are out of the money (the market would have to decline at least 5% for them to start generating positive $ returns) are not that expensive.

Does A private individual doing private mortgages for profit on OO primary residents at 16 percent interest throughout the United States need to be licensed?

It seems like a bad financial move to take on the burden of the loan hoping that the individual will all of a sudden be able to find the money that they claim not to have today.

Don't give up before figuring out how to generate GOOD LEADS ( which turn into DEALS).

It is quite exciting and nerve racking at the same time.Looking at doing a buy and hold strategy to generate passive income (I will sell if the market is right and I can upgrade properties).

It automatically generates monthly rental invoices, reoccurring bills like sewer bills, and has great reporting functions.Going even further I got set up on IPN (Intuit Payment Network) and now I email my rent invoices to my tenants and they can click a link, and pay me online, I then just click to receive the payment and everything is recorded instantly.There is a learning curve to some extent.

I'm looking to find any information on selling turn key properties to IRA holders, individual investors, and private equity companies.Lately I've been wholesaling turn-key properties to investors in my market for 18% net yield!

So you have to take each case individually and assess your risks and plan accordingly.