Hi, we meet the third Monday of the month at 7pm.

What are the legal ramifications for a private party to  borrow from a private lender at 8% and then turning around and lending that to a rehabber for 14%?

We fully renovate each property.I would recommend you visit the Omaha REIA group the third Monday of the month at the Westside Community Conference Center S 108th St at 6:30. 

I'm definitely ready to pay for an attorney, in a situation that involves me and any other party.

There can be no direct or indirect benefit or transactions between a disqualified party and a plan.  

If there aren't two ways out of all of the bedrooms (common with basement rooms), then you might have to install an egress window, or quit calling a particular room a bedroom.You mentioned the fireplaces; why aren't they safe? 

Just wanted to share my 3rd flip of the year our here in Las Vegas, NV. Just to give a little background I was out of state for the summer so I never saw the property other than the pictures. It was a HUD home listed ...

Rent is 550 for each unit with all tenants having lived there 3 or more years. 180k as is. 90's homes with new hvac installed in 2014.

I was hired to install a POS/Inventory system at a local building supply company, which took about a month to complete (their inventory was huge).

The direct answer is yes, you can do that but you run the risk of having the lender accelerate the loan should they discover you are the occupying party.