The devil is in the nitty gritty details.With no intention at self-promotion, an operator who wants to engage in seller finance really has only two options: To engage a consulting firm that knows what they are doing;To engage a law firm that specializes in regulatory law as it relates to finance.To the best of my knowledge, there is only one such consulting firm that specializes in the chattel finance of manufactured homes, and there are only six law firms with the right qualifications to help without having to do major research.

They’re also subject to strict regulatory oversight at a State or Federal level.

@Myka Artis If only our local regulations were that lax...We had to switch from purely nightly rentals to corporate rentals on a handful of units because of our city's changing regulatory environment.

A title company should not be hiding the chain of title, it is a matter that a lender relies upon in making a loan and intentionally omitting information relied upon by an insured lender in making any loan is at the least an interference in lending operations and can be fraud, so don't even ask them to do that.Settlements have been under scrutiny in the past few years, the American Land Title Association (ALTA) is the insurance association that has regulatory authority or oversight over member title companies and sets policy nation wide.

"Being in the business" is a determination under the tax code and in regulatory compliance matters where a tax payer or individual becomes subject to laws applicable to business operations.

There is the expectation of compensation in obtaining a wholesale contract, since I've had a bit more regulatory experience than you I'm not going to argue interpretation of regulations with you, you can certainly have an opinion in public forums, perhaps some of or the attorney you work with would care to join in.

The severity of such activities will often be viewed not under one law or regulation but in concert with many regulatory requirements and in light of other alternatives that may exist.Targeting a particular race or economic strata of the population is one of the red flags indicating predatory practices.People of color have been identified by HUD and the Department of the Treasury as being victims of predatory practices, these are the more commonly identified and well known matters involving institutional lenders.

Government services, taxes and regulatory aspects need to be looked at.

It also covers the legal and regulatory requirements, and practical tips on how to successfully execute a syndication deal."

Every year the regulatory burden gets worse and the stack of docs the lenders require grows higher.