An investor in OH lost a lot of money after the state found him guilty of operating a brokerage without a license.

As for living in Sticksville - guilty!

If you were to circumvent this by waiting for the listing to expire before entering into a contract with the buyer you are guilty of breaching the contract.

. , also talks about one who does not regularly engage in the business of making or brokering mortgage loans one of our recent REIA's we had a lawyer discussing this, and he kept mentioning how theres alot of gray area, and there has not been any cases where this was brought to court, My undestanding is, if your owner financing the properties, you'd be regularly engaging in the business and could be found guilty. the lawyer wasnt even sure. just dont get caught.

Perhaps i can attempt a minor flip...that way i can gain some capital as well as repay the money borrowed...freeing myself of a guilty conscious.Thanks for putting things in perspective for me wheatie.

You can only buy as owner occupants in someone's name and that person should live there for one year,,,if your the one on the note, and you don't live there, then your the one that is guilty of a felony,,

This creates a tight spot for short sellers.This is an actual scenario with the names changed to protect the guilty.

Let me begin by stating I know deep down inside my dad is ridiculously proud of me and wants me to reach my dreams and potentials, but in light of a freak flood last summer that destroyed their home I can't help but feel guilty.

Then again, that depends on what you led them to believe if you really did deceive them, is there a guilty conscious here?

I am often guilty of wanting to over-improve.