Due on Sale should also be in the security instrument.

Some also included cable TV.Some questions I have:How does eviction work if the resident doesn't pay their site rental or if they are creating trouble (loud music, etc.)?

In past, we have worked with multiple notes secured by a single security instrument to allow flexibility.

Anyone of you out there knows what type of licensing is required to promote MTN and BG instruments?

(I figured that some instrument like that was used - it was nice to see the confirmation.)Yeah - I would guess that there is a lot of "horizontal development" to be done.

I'm trying my hand with real estate investment.Real Estate Goals:To invest in tax liens and rehab residential properties for instant cash flow or flip.About me:I'm a car and music enthusiast.

Just make sure if you get a conventional loan that it's a Fannie Mae loan and not a Freddie Mac loanFannie allows a transfer of the property to: a limited liability company (LLC), provided that- the mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and - the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Source: https://servicing-guide.fannie...

Is what I want to do legal, is it a thing, and is there a clever way to structure such an instrument where it is legal?

This strategy made a large amount of money for many, me included...until the music stopped and there were no chairs.

Let's enjoy it as long as it lasts because I probably don't need to tell you what will happen when the music stops if you were around during the last US housing meltdown.Because of the lack of credit in those countries, most people have to pay cash, locals and foreigners alike, as you mentioned.