This is effectively legislation to open up the market to new prospects. 

Just like the asking price, just because the owner suggests one interest rate or term doesn't mean you can't offer something different. 

I would recommend the East Idaho REIA which is typically the 3rd Wednesday at 5:30pm in IF and the Poky REIA which is typically the 1st Tuesday at 6:30pm.

There are rules to follow!

Why not the MLS?

So on page 6, Modern Money Mechanics: Federal Reserve Bank of Chicago, it explains that banks don't "pay out" the funds for loans from money in other depositor's accounts.

Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.

You get to harvest the equity tax free.

Some will follow staff recommendations almost all the time .. others will not..

funds only go into interpleader after months of sitting in escrow. the court just does not hand the money to the seller either.. if not agreed upon the funds go to the state etc.