Some people wish they did, but unless you're in Ohio, they don't care.Some of the advice on BP comes from people that HATE wholesaling, so they will over-exaggerate the risks of doing it, tell you it's illegal, and make you think you're setting up a criminal enterprise.  

@Justin FernandezHere is one definition of "joint venture": "a commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities"For the sake of simplicity and what is most likely in our kind of real estate, let's agree for our discussion that we're talking only about 2 distinct parties (as opposed to 3 or more) joining in the JV.

Here's a briefing on what's going on:The Consumer Financial Protection Bureau (CFPB) issued a new rule that combines mortgage disclosures previously established by the Truth-in-Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) into a single rule effective October 3, 2015.

Essentially, I've been pre-approved by several lenders until they find out one thing, then the $200k I was pre-approved for drops to $60k.I work for Enterprise and my pay structure is that I'm guaranteed 48 hrs per week and make at least $39,000/yr. this is where I've gotten the $200k pre-approvals.However, it's broken down on my paystub as 40 hrs of normal work and 8 hrs of overtime each week.

In PA, the quoted excerpt would be wrong and bad advice to follow, since the tax sale is conducted "subject to existing liens of record" - so the mortgage would remain in place, and the buyer at PA Tax Claim Bureau sale would end up having to pay to get clear title. 

This has nothing to do with LLC or not and everything to do within the defendant's role in the enterprise.

Gouging = An act of extortion or swindle Neither are exclusive to unfair competition laws, or lending, or to any large scale enterprise. 

That all being said, buy and hold properties provide equity value to your portfolio and long-term growth of your business enterprise.

Of more concern than the enquires might be the percentage of your total credit outstanding.You can view your own credit profile by simply visiting the website of a bureau (i.e.

You want to find an attorney that know the Department of real estate, one that assistants agents with problems with the Dept of real estate.Here is one in Calihttp://dredefenselawyer.com/california-bureau-of-r...Describe what you say to sellers as in your day to conversations with sellers to the attorney.