What is the legal maximum allowed amount for a down payment (%) on rehab projects?

I get being annoyed by the constant adding of rules and regulations from the site, it bothers me as well, but frankly, anyone who wasn't already meeting these guidelines with their messaging shouldn't be hosting anyway.

Do not rely on it for legal advice.

An LLC is useful for two things: anonymity and legal protection.

To answer your question about suing, I'd start at your legal docs.

Thanks,Joshua Did you meet the legal requirements for the other "bedroom" to actually be considered a "3rd bedroom".

It doesn't provide as much protection as most people think, it's not as easy as they think, protection isn't as necessary as you think, and it may actually hurt you by complicating your life.An LLC is useful for two things: anonymity and legal protection.

So while a seller credit can reduce your overall cash out of pocket on a deal, lender guidelines typically won't allow for it to cover 100 percent of your down payment.

So valuable.Still a few terms in this response I'll need to research to understand them in a more "5th grader" mindset I'm in (vs the legal pro you are!). 

You must pay legal fees, closing costs, commission, and hefty capital gains taxes.