If they are like a BP-er where they thought their skill was what made them successful for the decade prior, then yes folding is the right solution.

Thanks Chris.Even if it isn't as economical as the days prior to dodd frank, can an MLO operate independently without being tied to a mortgage bank or lender?

I know that in the states I invest in the sale of the property triggers the assessors office OR the school board to know that there has been a sale of the property, most likely at a higher dollar amount than the prior purchase.

Several weeks after sale,  out of the blue I received a letter form a creditor that there was a lien for $600 on the property PRIOR to the sale, that the builder never paid and now they are going to put a lien on the property against my name.

in order to take the primary residence exemption you'll need to have lived in it for 2 out of the 5 years prior to selling it. 

I provided the 2023 booking history as evidence that is was in place prior to Jan 01.The $1M individual insurance clause got me.. we had to update the day we filed. 

Prior to you move out of Ohio when you were buying your iddy biddy singles and doubles for your seller financed portfolio you knew damn well the type of sellers you where dealing with didn't always have or provide historical data.....Ben, while you're here let's chat playa......What about Joe blow duplex owner who's a disabled vet. 

The way to utilize the HELOC funds is draw on the HELOC at least two months prior to buying so the funds have seasoned for 60 days. 

Prior to your nineteenth birthday, make sure to carefully plan and conduct research on potential properties, market developments, as well as the legal and financial aspects related to real estate deals.

@William Coet,as @Chris Seveney and @Kevin Sobilo mentioned, they very likely are either (A) already diversified, or (B) committed to real estate philosophically, or most likely (C) the tax advantages that come with owning and depreciating property, had done prior 1031 exchanges, etc.