Of course, there's also the Nigerians, but they're easy to spot due to the badly written proposals that usually come with offers of 2% financing, lol.I don't know how people fall for these scams, but like anything, there are people who are so desperate for money that they'll unfortunately take a chance on the slim-to-none option versus no option at all.

In CA, I'm not sure you can go over 1.5X one month's rent for the deposit, but that could be my antiquated recollection of RE training talking as opposed to actual legislation.

If the OP is happy to deal with frustration, then I highly recommend that he listen to you.For what it's worth, I've never said that what the OP proposes and what you suggest are impossible.

When i ask for the assignment contract it proposed an assignment fee which would be on the HUD and a marketing fee outside of closing that i would pay.

You had to go through the statutes proposed and tax laws to figure it out.

I don't know the response rate but it's probably lower than that of the "former Nigerian Oil Minister's" emails, lol.Ryan, come on, we've got the best legislators money can buy.

It seems that most of your first 6 posts have all been some kind of business proposal or advertisement for your services.While we welcome people to do business on the site, we also ask that new members refrain from doing so until they have reached a minimum of 10 posts where they have contributed to the overall conversation (help others out, etc.).That said, if you are legitimately interested in doing business with the members of this forum, please review our forum rules and participate.NOTE - Several of your posts have been altered or removed to comply with our rules, and your signature has been removed as well.

- If similar legislation was inacted in the state in which you do business, how would this effect your business & profits?

If you sell the property like you originally proposed, you'll bump into the due-on-sale clause that will almost certainly be in your first mortgage.

Assuming you have a pitch of a standard way you like to buy then explain to them what you are proposing.