See, that's the misguided business conservative preaching that is taken in by many people....cut FDIC in half, you have absolutely no idea what the effect of that would be, and it goes to show that nothing was learned during the Bush years in slacking off regulatory policies, especially in banking.....what kind of mess are we living in now????

Generally the maximum loan you will be able to get is 65% LTV (Loan to Value)1st Choice:Due to all the regulatory issues banks are facing these days, they will not publicly offer "non-recourse" loans, some banks will do them on a one-off basis.

I would also call the regulatory agency (in Texas it is Department of Aging and Disability Services or DADS) and talk with them to find out as much as you can about players in town, who is expanding, etc.

None of this is to suggest that residential promissory note brokering may not fall under the purview of some other regulatory agencies nor that I haven’t badly misunderstood the Reves case and its implications.

By not discussing active deals, taking time to have those dialogues to establish knowing your customer and determining suitability for these types of private placements, recording these conversations (CRM tool), its a process and important for the investor as well as the sponsor, which also helps support any future regulatory reviews.Lastly, I will note that the deals should be presented to investors from the issuer (key principals w/actual roles separate from mere marketing / selling the deals) or licensed reps of broker / dealers who can market these types of opportunities, take qualification exams and are heavily monitored, regulated.  

I even had a bank tell me recently that they prefer (and can give better terms) to deal with an LLC because they don't have the same regulatory compliance issues as when dealing with an individual.The interest deduction for taxes is not threatened when transferring property to an LLC, as the LLC is essentially disregarded for tax purposes, and the LLC's financial results typically just flow onto your personal return.

The very first paragraph states, "...reduce regulatory burden..." and 5101: ss (5) says "(5) Streamlines the licensing process and reduces the regulatory burden."

Maryland Real Estate Commission500 North Calvert Street, 3rd FloorBaltimore, MD 21202-3651(410) 230-6230Fax (410) 333-0023e-mail [email protected] is the MD regulatory agency.

I trust what he has to say concerning Dodd-Frank and related regulatory issues, after all compliance is his business. 

wetlands maps are inherently unreliable. if you want to be sure, engage a biologist to perform a jurisdictional wetlands determination (this is based on three specific factors-hydrology, soils and vegetation). it is also possible the wetlands may not be federally-regulated but subject to state regulatory jurisdiction. your state may also have buffer areas that cannot be developed to protect wetlands.