While this topic consumes a considerable amount of media, it should be the least of your concerns.You are better to spend your time focusing on things that you do have some influence over.

You can't very well sell food or most other consumables in a urinal.

They never asked for anything more than that and funded me in about 12 days.Regarding the illegal part, my guess is that since it is a credit union, unless they have special designations, they are only allowed to offer consumer purpose loans.  

Taken from http://www.irs.gov/uac/Form-1099-MISC,-Miscellaneo...Form 1099-MISC, Miscellaneous IncomeFile this form for each person to whom you have paid during the year: at least $10 in royalties or broker payments in lieu of dividends or tax-exempt interest;at least $600 in rents, services (including parts and materials), prizes and awards, other income payments, medical and health care payments, crop insurance proceeds, cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish, or, generally, the cash paid from a notional principal contract to an individual, partnership, or estate;any fishing boat proceeds, gross proceeds of $600, or more paid to an attorney during the year, orwithheld any federal income tax under the backup withholding rules regardless of the amount of the payment.Also, use this form to report that you made direct sales of at least $5,000 of consumer products to a buyer for resale anywhere other than a permanent retail establishment.

Landlords typically will set up a payment plans for back rent, but have you heard of someone setting up a payment plan to help tenant buy a car or some other non-consumable?

This information is incorrect, Home Depot does not offer debit card, but they do offer consumer credit card.

Our promulgated contract forms are 8 pages in length so filling out several for each property you wish to make an offer on would be time consuming and inefficient, and my only goal with a LOI is to see if the owner is ready to play ball.

I plan to continue working my full-time job while wholesaling properties in order to eliminate my consumer debt and my student loans.

I plan to continue working my full-time job while wholesaling properties in order to eliminate my consumer debt and my student loans.

I really just want to go through the deal with them and ask them a million questions about it but I don't want to be annoying or time consuming.