How long do they normally take?

Again, commercial loans normally do not fit the mortgage brokerage rules in most states so no registration is needed in most states.I have funded a number of loans.

The idea of wholesaling is to SELL houses at prices that are a good deal not BUY them at those prices.I normally won't buy a house unless I can make at least $5,000, but I make sure that I'm confident that whatever I set my sell price at is a deal for another investor.

This means that they are agreeing to accept the agreed upon price as full and complete payment, and to release the debtor from any further obligation.This is the primary reason you will normally have no trouble getting the seller's full cooperation.Short sales happen all the time.

Or is this normal?

You will be charged normal income tax for the withdrawal plus a 10% penalty if you are under 59 1/2, which I assume you are.

She is just an normal person who has been successful in the rental property business.

I MIGHT know a little more than a normal newbie because I did have a real estate license a few years ago and I have continued to educate myself on the subject.

Would you be willing to give up control if it means eliminating all of the normal hassles?

Also could be used as normal wear and tear on the house which the landlord, if I am not mistaken would be responsible for since it is his/her property.