I essentially passed on college and I'm paying dearly for it now.

Essentially, I believe they just take the high bid, submit it to the bank, and then the bank decides if they want to accept it or not.

You have had the convenience of a place to stay that has essentially been free.

This is the key, for essentially you are a homebuilder in this scenario, with all the problems and risks.

Owning that house for $300K isn't much of a deal.So having a good value is essentially to deciding what to do.When you own a property free and clear and go to a bank to get a loan, you're doing a "cash out" refi.

I think many people come into to this with no money, job, or credit because they've heard that you can buy for zero down and make tons of money.Tracy, I understand what you're saying and it makes sense that by wholesaling you are essentially doing a zero down deal.

Essentially how I would want to phrase things so that they get the impression I researched and wish to move forward.

Essentially I wasted the 5K so far but i am still a member and as per agreement i can only purchase merchandise for my own use or as a gift etc, not for commercial use etc..

Since a larger part of your ability to obtain financing is dependent on your experience, a resume or at least summary of relevant experience is essential.

Timeslips and proper reporting is essential if you want to come through these audits unscathed.