Credit Unions are key for all states right now due to the banks due process turnover with consumer fees

(use the TILA - Truth In Lending Act) which shows you the APR for your loan, this is inclusive of fees and charges and is designed to provide the consumer with a comparison tool.

Some lenders require the borrower closes in the name of an entity because it is much easier to show the loan was “business purpose” rather than a consumer loan, which makes all the difference in foreclosing, loan pricing, etc.

I can’t think of many passive investments like this, sold to non-accredited retail investors, at large ticket amounts per transaction, that has no specific regulation aside from just standard consumer protection laws.

If property insurance lapses Lenders can do what's called "forced place insurance" on your mortgage.Generally the lenders buy the Cadillac plan that covers everything and escrows the payment into the total mortgage payment due.It is much cheaper for the borrower to have their own insurance then for the lender to force place it.He could always accelerate and foreclose depending on how costly and time consuming that is for that state.I would think foreclosing and accelerating the note would be the same motivation as when a tenant tells you a few more days and you will get the money and you file eviction and the money magically appears.It seems if he sends the foreclosure and default notice the buyer will know they are serious.

Go down to the "RESPA'S statutes explained: consumer protections and prohibited practices" section.

My first, and only so far, investment looks marginal on paper with 12 to 14 percent consumer financing.

Something to consider is that several states have laws about passing processing fees for credit cards directly to the consumer.

Interest rates have some effect or influence, but there are a number of other factors (unemployment, economic outlook, population growth, household creation/consolidation, consumer confidence, tax codes, etc.) that are more powerful in determining housing prices.

And further, what about a wiki for the consumer to crowd source not just the hiring of but in effect turning the whole WIKI into a population of knowledgeable people working in collaboration with you?