If you're flipping with hard money you could get caught without a chair when the music stops

I also wanted to add in my area many banks board of directors from failed banks that the FDIC took over are now being sued for damages.The FDIC says they were given a compliance letter that there ratios were out of whack and they needed to change loan practices immediately to protect the health of the bank and shareholders.The FDIC contends they ignored their responses and are now suing them for negligence.Will have to wait and see how these cases proceed in court.Now you know why many banks won't touch non-vanilla stuff.

Jason, so you put beds in the bedrooms, couch, chairs, the works?

btw, ben... do you sit in a chair, have a big ring and people have to kneel down and kiss it before they start talking?

@Mary Joe the Board of Managers (or Board of Directors if you are at a co-op) does have insurance against lawsuits, which they are required to have.

@Bob BastingWhile you can read on the internet that a joint-venture between you and your self-directed IRA or 401(k) is possible, it is not generally something we would recommend.You are a disqualified party to your plan, and there can be no direct or indirect benefit between you and the plan, in either direction.  

The other factor is the director rate but that is country-wide and don't affect only Quebec market.May I ask why you want to buy in Quebec, particularly in this neighborhood?

I have had 16 pound dogs on hard wood for years and my kitchen chairs leave bigger scratches than they do.Landlords should never profit from security deposit deductions.

Glenn leaned back in his swivel chair, smiled and said, "Brian, you're irreplaceable here.

It's a picture of a piece of an old chair cut to fit behind the bathtub spout.