Broaden you marketing aspects too, while your prime targets for these assumptions are poor performing operations, they don't need to be.

Search the topics (Operating Agreement, LLC) here and take notes, then see your attorney so that local custom and practice will be considered in what you want to do, especially in wholesaling activities. :)

They suggested I go to a regular bank.I have an account at PNC bank, but they are wrapped around the axle on the fact that I am: 1. participant 2. plan administrator and 3. officer of the sponsoring employer.Because I have no business accounts with them, they think they cannot do the medallion - its only for customers.

I am not a wholesaler and will not go directly to your customer :)

Well, it's always the few that mess things up for the majority.The issue is the lack of an education and the assumption that gurus provide an education.There is nothing wrong with wholesaling so long as you do it ethically and in compliance with applicable laws.Since wholesaling is walking the narrow line of what Realtors do and the activity requires a license, yes, I'd say that effects the general reputation.I'd think those that build a business model around this strategy may have a hard time in most communities as it is seen as selling or facilitating a sale of a property you don't own.

Most people solve this with a CRM (Customer Relationship Management) system.

Or find a corporate rental program where you can offer a higher price with custom amenities (e.g. furnished unit, etc.)

Hi @Kimberly MarieWithout making any assumptions as to the sellers intentions, the situation as I see it is she wants to sell the house for 50K cash just before leaving the country and she doesn't want the transaction to be handled by a third impartial party (the title company).Being new myself, if I were in your shoes, I wouldn't do anything without escrow just for the reason that a title company will alert you to any pitfalls.

I'm making an assumption here that two teenage boys want to do active things.

He's a great guy and his company is well known for great customer service.