If the borrower lied, it would be a criminal act and while there is no statute that I'm aware of that says it's against the law to do a lease option/lease back, there are statutes that say its against the law to make fraudulent attestations/statements on a loan/short sale to a federally regulated financial intuition.

Links to cases & articles:Fackler: https://casetext.com/case/fackler-v-commissioner-o...Balsamo: https://www.leagle.com/decision/198766254cutcm6081...Gilford: https://law.justia.com/cases/federal/appellate-cou...Murtaugh: https://www.leagle.com/decision/199714974qtcm75113...Grier: https://law.justia.com/cases/federal/district-cour...Chicago Law Journal Article: https://chicagounbound.uchicago.edu/cgi/viewconten...Other relevant reading not mentioned above: Anderson: https://www.leagle.com/decision/1982134944jptcm130...Curphey: https://bradfordtaxinstitute.com/Endnotes/73_TC_76...Alvary: https://casetext.com/case/alvary-v-united-statesRevenue Ruling 73-522 (no link, also language is not quite the same as 162, unlike other links - but illustrative that triple net lease may be a problem)Good Article: https://www.taxnotes.com/tax-reform/economic-analy...Good Article, mentions "Kissing Cousin Issues" as one of the other posters here pointed out: https://www.thetaxadviser.com/issues/2013/may/clin...Another Kissing Cousin Article: http://www.mntaxclass.com/files/RRETOB_Part_I.pdfEnjoy!

Hi @Gloria WashingtonThe benefit of going solar at the same time as a roof replacement is that the Federal Tax Credit (currently 30%) applies to the roof as well as the solar system.

But there may be exceptions and some states have varying rules, although RESPA is a federal rule.See here:  https://www.cresinsurance.com/what-to-know-to-avoi...https://www.nar.realtor/ae/manage-your-association...I would suggest speaking with an attorney in your area to ensure you are in compliance with RESPA.

In a bankruptcy, which is federal, a trustee is assigned the case.

It is simply a means to diversify your savings into an asset that you may understand better and have more control over.For you to have access to the funds personally, you would need to take a distribution, which will involve federal and state taxes, as well as a 10% penalty for early distribution if you are under age 59 1/2. 

@William Fant I almost went with a 85% HELOC and I was referred to Tower Federal CU by a Bigger Pockets member and the process went very smooth and my house appraised right where it should have not too low.

I managed to find a lender with a decent product (SAFE Federal Credit Union).

Do you have private or federal loans?

You need to know this fact:  "The median net worth of an American homeowner is $231,400, according to the Federal Reserve.