I can do a title search easily and see who the lender is, that's not a problem, but I picture a lot of unproductive phone calls that will test my patience.

Rest assured with over 140 transactions under my belt, this stuff is tested and true.

I have p[aid 18% to investors and their funds are highly secured, very passive, and no intense investigations required for safety.

The testing summary discusses a “grind test†where treated and untreated samples were ground up and tested.

I wonder if IQ test should be part of any loan application from now on.

If i can pass the test i should have my license soon too but will have to figure out how it works as for me reselling and whats a conflict and whats not.I have talked to a guy in so cal a few times who does shortsales and said he can help but he doesnt have much time.

If a property passes the screen test using the 50% rule you still need to take a closer look before making a purchase.

I am not a securities attorney, but the common test is the "Howey Test" from the famous case:Securities Test1.

Rentals normally are going to require at least a down payment and closing costs but not always, and they may need to be fixed up, also.Wholesaling and rehabbing are time and skill intensive, while rentals are by nature passive and can be delegated out very easily.If your credit is in the toilet, building an extensive rental portfolio may be out of the question right now.

Here are the details: House list price: $49,900 Estimated value from Zillow: $160K Similar homes in the area have sold for $90K- $130K in the last 90 days Rehab cost: $15K-K20K max Good thing about area is its in a "revitalization" area which means there are LOTS of first time home buyer intensives from the town and state not to mention the government ones.