I'm a professional programmer and frequently assist my friends with Quicken issues - - ergo I HATE Quicken.Because it's hard to recover last years books, because it's hard to close books for one year and begin a new year with zeroed account records.I'm a Quickbooks user because it parallels Accounting 101 principles and it makes sense (to me).

I'm a frequent visitor and listener of the Bigger Pockets forums and podcasts.

So I just spoke with a guy at an investment company who told me that if I try to put a home under contract without personal financial backing, meaning the ability to personally fund the property I intend to put under contract, I am committing fraud and this is "highly illegal"?

Under the causes section, it said that she had many and frequent delinquent payments. 

There are too many deals out there were you can commit the same amount of time and effort to get caught up in a legal issue.

The time commit would be less than 20 hours per week and could get someone new and young involved in the REI business.It would be great to hear others ideas and what some people have already done.

But you just have to commit first, take action, and learn as you go.

I'd make sure he's fully committed to standing behind you on it and support you.

Be sure to carefully read the B section exemptions in your title commitment.

It really depends on how committed the borrower is.The key is getting a large deposit upfront to protect your investment.