Very intersting about the type of hard money loan you mention above, I didnt think that type of loan existed.

Up until a few weeks ago it was also a major issue on the interstate system - that's not a city issue.  

I will do some digging on that, but here are some of my initial thoughts.  1) Any law that would require landlords to reside in the same municipality as their rental property or properties would be unconstitutional because it would be an infringement on interstate commerce. 2) States certainly can place requirements on having an agent for process purposes that resides in the state.

The Federal Government has NO Constitutional authority to tell me how I can and can not dispose of my own property - especially if there is no interstate commerce involved.

If the account is in the US, there is some slim chance to get the money back, assuming they haven't already shipped the money off shore (unlikely).BTW interstate/wire fraud should be a federal offenceSome people say absolutely NO up-front payments for lenders, but in my experience hard money lenders do charge a small fee up front (a couple hundred ~ a thousand bucks... not 15k+)..

I have funded the A to B transaction on deals they finded the B to C.Wachovia Key BankTower Federal Credit Union, Pennsylvania Wells FargoEquity Home MortgageSunTrust MortgageContour Mortgage Corp.Countrywide MortgageFlagstarFirst Interstate FinancialThird FederalHome SavingsProvidentChase BankGMACLocal credit unions are good ones to.

I'm new to this blog and am intersted in moving to Rincon, PR.

Do not go to neighborshood near College and interstate.    

If you are intersted in purchasing Foreclosure properties for your rentals let me know.

Add that it was already dark out and there were no streetlights where we got caught.I started thinking that if we were on a normal interstate we would have at least had street lights and could have pulled over or exited and pulled into a gas station or something.