No clue who they are, but states like IN and OH will be better for lower taxes and landlord laws than IL and WI. 

You end up developing and refining systems that lower the risks. 

Cash out usually requires a lower LTV (65%), but not always.

I just don't see it as rising to the high level criminal activity that they painted in the webinar.

I prefer that the seller does not go through the traditional process in order to save costs, fees and commissions and pass those savings on to me through a lower purchase price. 

However, If it is for your son Check and see with an attorney if you decline to inherit it and let it it go to your son who I presume will be in a lower tax bracket. 

Account Closed I think it depends on what your comfort level is as well as your experience/background.

But I’m trying to get a higher ARV house to fix and flip so that I can buy those lower end houses with my own capital and then rent them out.

I can read and learn the real estate concepts with no fear of complexity since it isnt near the level of abstraction I was working with plus I can test it all out in the field more easily with a money incentive.Too young to buy houses even for you to live in?

I lowered my credit requirements after the first couple of years and began to feel like credit may be why they rent houses for more than mortgage payments would be.