title company or closing attorney is actually following respa and not violating it.. using As funds to close the Cside and giving B the middle man profit is a respa violation. so many closer simply wont do it this spawned out of the GFC.so that created a niche for transactional fudning and what these guys do.. is they will put the funds into your escrow so that  those funds are used to close the deal they get paid back the same day and they take a small fee for this usually 500 to 1000 bucks.. so not bad you put out 100k in the morning and get 101k back in the afternoon..

Fear spawns where knowledge lacks.

Also remember on that note, a refinance will include the cost of refinancing, so if you spawn a plan with the borrower to pay the principal down a bit, pay down past $417k to accommodate for paying off the balance and including closing costs.

A little sales tactic mortgage brokers and loan officers never corrected the public on as it helped spawn sales I suppose. 

I grew up in a real estate family.. and it never changes you have the top sales folks U have the plodders and you have the one and done.. the allure to this though is mainly spawned out of the internet and free exchange on info .. along with the get rich infomericals etc etc..  

Hey Justin, so since I'm pretty sure my comment is what spawned this post I'll be the first to try to clarify what it was that I mentioned. :-) You can get up to 10 conventional mortgages, which is kind of what I was alluding to when I made the comment about getting 10 OO loans.

I understand that with multiple people learning together, interesting questions and scenarios can arise that just wouldn't necessarily spawn when you're learning on your own.However, there are wonderful online courses now that actually take time to give you real life examples and scenarios of why a topic is important to learn.

Still have to mull over a few things, since it'll be the holding company that I plan on holding long term, and spawn off child LLC's if my portfolio gets big (right now I'm a small investor with 2 duplexes).

I'm hoping that this will spawn a library of issues and ways to deal with them, or at least being able to ID certain types of issues so others can do the same.

I want to be able to ask intelligent questions that will spawn some futher discussions which will help me gauge what he does.