@Carlos ArjonaThe 50 % Rule States: That 50% of gross scheduled income (GSI) goes out over time to cover expenses not including debt coverage.The 1%, 2% and the 50% rule is meant to act as a quick analysis tool, to insure the deal is actually deal.

Flippers that scale can have SE tax advantages if they elect to be taxed as an s-corp I have read.  

If you are able to provide me a good source I'll change what I meant to say in a second! 

I have entertained doing what you describe, but have elected to hold.  

I have no clue what he meant by that or if that is something that's true.I would greatly appreciate any help or advice!

(I don't think you meant to do this, it's just how it came across.)  

I' ve recently realized that I am meant to be an entrepreneur & know that R.E.I can help me fund other business ideas/ community projects I want to pursue.

To me this meant a lot.

I meant 3/2/2.

A smaller, local bank may elect to service their own portfolio, and thus never need to resell the note.