If you can deal with the situations that might arise, good for you.

One of the BIGGEST and most "popular" mistakes to believe and make in "wholesaling" is that you get a property under contract and people will come running.

Pick their brains whenever the opportunity arises!

California has three ways to become licensed:1 CA Residential Mortgage Law Act License "RML" or "Mortgage Banker" through the CA Department of Corporations which requires a large governmental approval like Fannie Mae, Freddie Mac or HUD Full Eagle in order to apply2 CA Finance Lender License "CFL" through the CA Department of Corporations that allows both brokering [with CFL Lenders only] and lending [but not table-funding]3 CA Real Estate Broker License "DRE" or "Mortgage Broker" through the CA Department of Real Estate which is the broadest and most popular CA mortgage broker license but cannot be used from locations outside of CA.A Mortgage Broker licensed under the California Finance Lenders Law (CFL) of the Department of Corporations, is also referred to as being a Negotiator, or having a Negotiator License.

So when I am looking for my next book, I go through the show notes trying to find the next most popular book.

When she returns to work, if she does since family is more important to us, more options should arise.

That way if a question arises later you are covered.

The longer she has been in this loan, the more of a concern may arise from the same.

Howey which states the structure is:1. investment of money due to2. an expectation of profits arising from3. a common enterprise4. which depends solely on the efforts of a promoter or third partyIf you say yest to all four then it is a security and will trigger the need to register the investment with the Feds and possibly the State regulatory agency.Common ways to avoid the expensive process of registration is to structure an LLC with all members participating in management or a tenant in common ownership structure.The other way to enjoy the benefit of raising private money is to avail yourself of the exemption rules.

Such values may be within the range of value but no one knows what a market value will be on a certain date unless it sells and the transaction arises out of those constraints used to define market vale.