@Brett Snodgrass did a podcast episode on this - I think it's #231 or thereabouts.The part about entering into a contract without both the intent and ability to perform to the terms of that contract is described by the tort called "fraud in the inducement".In other words, you fraudulently induced the seller to sign a contract that you knew that you could not fulfill.For #3, the straightforward answer is that this is a license-required activity. 

Charging a % rate for a debit/card transaction is standard in the industry and helps prevent fraudulent charges on behalf of the tenant (that would cost the landlord time and lost revenue). 

Hello BP community!I was unable to find a good 1-800 number for analysis paralysis, so I figured this would be a great place to start. Thank you for building such an amazing place with a treasure trove of information,...

thanks in advanceTo combat the SS or FHA self sufficiency rule its relatively simple because its basically a ratio you need to meet or exceed.This ratio is:75% of the Gross rents (lower of market rents by appraiser or current rents) for all units (even the owner occupied one) must be equal to or greater than the PITI on the property (prin/interest/taxes/insurance).A quick rule of thumb I use to eye ball these types of deals and its not 100% accurate but its probably 95% is that the  gross monthly rents of all units must equal .90% of the sales price with FHA (assuming 3.5% down & prevailing FHA rate + FHA MI/etc) in order to meet this SS rule.When a property dips below .90% rent to value ratio or rent to sales price we seem to have an issue with this SS rule.So what does this all mean behind all the lending hoopla? 

If you do go the online route, be cautious and just make sure it's a reputable title company and not anything fraudulent/ scam.  

Then that makes things much easier for the plaintiff because his lawyer can allege fraudulent transfer act violations.

I’ve gotten into a predicament where my contractor hired turned out have used a fraudulent license and provided me a quotation that was way under scoped.

If the seller gets greedy and wants to sell to another for more, this makes them wait, and that buyer will probably move on, denying the seller fraudulent profits.

As long as you're not currently renting the house out, and calling it your Primary.. you're not making a fraudulent statement.

As strange as it sounds, he was combative about signing the document, even though it was his building that was encroaching.