For a debt to form thebasis of this offense, the accused must not have hada defense, or an equivalent offset or counterclaim,either in fact or according to the accused’s belief, atthe time alleged.

Yup, flipping houses is equivalent to buying/selling any other commodity, and you will be subject to self-employment tax on the income you earn personally.Of course, there are ways to use business entities to potentially shield yourself from some of those taxes (or all of those taxes for some finite period of time), so if you're planning to get into the business, talk to a CPA and/or tax strategist...

Dun & Bradstreet is a provider/collector of credit information for businesses (the equivalent to TransUnion, Equifax and Experian - credit bureaus that collect your personal credit information).

The SAFE Act defines a residential mortgage loan as "any loan primarily for personal, family or household use that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling (as defined in section 103(v) of the Truth in Lending Act ("TILA")) or residential real estate upon which is constructed or intended to be constructed a dwelling (as so defined)".

A bank won't love your new inconsistent income but they will also look at your previous 2-3 tax returns (that will have the old income on it so that will help you), how much you have in your bank account as cash (to pay the down (you'll need probably 5-10% plus closing costs) and have some extra $ for reserves (usually the equivalent of 6 months of PITI)), how much you have in assets (any retirement or stock accounts?)

Agreed, but the astute investor should be able to pick out the top center in the WNBA over your male processing supervisor (hope he doesn't read this forum BTW ;) ), or at least the RE equivalent, and use the fact that they are NOT buying the perfect median home to their advantage, and thus do better than median performance.

I am going to search the european equivalent of the product you proposed me.

Arbitrage works great in liquid markets but real estate is not usually a near cash/cash equivalent. 

When the money from the sale runs out, those in lesser positions are out of luck.You really need to work with a title company to understand this better.As to Title, here is what they say on their site: Buyer may receive a Special Warranty Deed or equivalent if Buyer is able to purchase title insurance without delaying the closing (title fees typically cost between $500 and $1500 and are based on the purchase price of the property).

I find having a Thrifts Savings Plan (gov't equivalent of 401k) to be very helpful for me.