Reggie,To clarify some of your statements, a portfolio loan can also have a cash-out option. 

I totally agree with your statement.

You have pay stubs from your employer, you put it in the bank, you can print bank statements, and everything more or less makes sense.   

Great, have your docs ready.Purchase HUD, hazard insurance, lease agreement & personal finance statement. 

A 'Statement A' for QBI deductions is attached.Unfortunately, the H&R Block Premium software I am using asks all this, and then it tends me to talk to a tax pro after I say that my Statement A QBI deductions has info in multiple columns.

Try to connect with other wholesalers in your state to ask questions.Another idea is to try to do joint venture flipping on deals that you find so you can learn and split the profits with another flipper, rather than assigning the deals to flippers.Hope that helps!

I have a lady who will give me up to $50,000 as needed just with a telephone call, her rates are high, but I don't mind paying the juice because I have confidence that I am able to assign my contract quickly using the Control and Roll formula and the Auction Marking.Good luck, be safe,Charles

If this doesn't make sense, there are free DISC assessment which help with teams.Also, if you all sit down and map out all of the jobs to get one deal from beginning to end, you can assign each job to a person and this may highlight what skills are missing.

The lender gets an assignment of collateral against the policy.Hope this helps.

I still look for bargain properties with equity and still active with my auction company, now all I do is Control and Roll for short term profit doing assignments and flipping real estate, houses and commercial buildings for real short term profit without obligation to settle using no money down formula called "check funds"  for down pmt, with disclosure out clause in my skinny contract agreement (one page).