And they will keep you compliant with all those nifty federal laws designed 'help' the consumer.

Wondering what BP crowd thinks of the recent news tha the Federal Housing Finance Agency announced Tuesday that Fannie and Freddie will both be shutting down their single-family rental pilot programs and ending their participation in the single-family rental market, outside of their previously existing small investor programs – Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages.

The flood quote from an agency is based on replacement cost of the square footage times some risk rate times their federal actuarial profit whiz bang machine.

I'd advise talking to a real estate lawyer before you get involved in pre-foreclosures and ask for guidance regarding state and federal laws.

I had one guy who tried to borrow money from me do this to about 20 plus people and the state put him in federal prison.. it happens.So there is a down side to this and the down side is to the seller not the buyer.. therefore sellers need to be careful and retain an attorney to walk them through the risks that they take allowing a loan to remain in their name and title to transfer.. that's the point.of course us buyers we don't care just like you mention it don't work walk away you don't owe the debt personally.. that's just not the moral or ethical compass I would follow.. 

@James Nghiem, Since 1031 is a federal statute any QI can theoretically take care of your 1031. 

If you earn income through an LLC this entity has to file a federal (and potentially state) tax return.

utm_campaign=email-premium&utm_source=CMS%20Sharing%20Button&utm_medium=socialPeople who own just one or two rental properties might not qualify for the new 20 percent federal deduction that big-time real estate investors and other pass-through entities will get starting this year.

I just wanted to make sure I wasn't about to do something that would land me in federal prison.

I’ve heard that the federal government has set a limit of 10 mortagages per person.